New week, same market scam. Don’t fall for it.

From Oshodi to Oxford Street, the market still dey whine. Here’s how fundamentals are setting traps this week.

Author

Pips WMarkets
July 21, 2025

From Oshodi to Oxford Street, and the Market Still Dey Whine

I just landed in London.

Cool breeze. Organised roads. People queue without shouting. Even the pigeons get manners.

But somehow, my Lagos reflexes no gree reset.

You see, Lagos no dey teach you patience, it teaches you precision. Lagos teaches you how to read the room, spot fake moves, and know when someone’s about to play you before they even open their mouth.

So when I looked at the forex market this week, I couldn’t help but laugh.

EURUSD flashing bullish... only to trap retail buys before dropping.

XAUUSD pretending to break out... just to snatch stop-losses above liquidity.

US30 teasing a reversal... then sharply continuing bullish once the impatient ones exited.

No matter how far you travel, even to a city where the train apologises for being one minute late, the market still dey move like bus conductor on Monday morning.

This week’s Monday’s Fundamental Analysis is built with that in mind.
Not just what to trade, but how to think, especially when the market is wearing a suit but moving like it’s still stuck in a garage.

Let’s break down how to spot the trap… and then trade after the chaos, not inside it.

I want you to win

TRADE SETUPS BREAKDOWN

Fundamental Cause & Effect Table

Pair

Fundamental Cause

Observed Market Effect

Bias

USD/CHF

Global risk-off sentiment & Swiss franc demand as safe haven.

Price reversed under 0.8000 after Fed pushed back rate cuts; currently near 0.8013.

🔻 Short to 0.7940 → 0.7887

US30

Strong U.S. data (retail sales, jobless claims), corporate earnings, risk-on appetite.

Dow rallied with bullish breakout; supported by strong consumption optimism.

🔼 Long from 43,572 → 44,900+

BTC/USD

Weak USD + institutional ETF inflows, inflation hedge.

Bitcoin surged above $120k, dipped to ~115.9k support, rebounded.

🔼 Long from 115,898 → 122,600

CAD/JPY

JPY strength from political uncertainty + global risk-off.

CAD/JPY turned bearish at 108.58 amid rising JPY bids.

🔻 Short to 107.30

NZD/CAD

NZ inflation cooling vs CAD stability (oil support); rotation from safe-haven to risk.

NZDCAD dipped to 0.81390 key POI, sign of demand.

🔼 Long on confirmation → higher

AUD/USD

Risk-on markets + RBA more hawkish than Fed (policy divergence).

AUDUSD pulled into 0.6402–0.6503 demand zone for possible bounce.

🔼 Long on confirmation from 0.6402

Final Note

Each of the trade setups pairs clear narrative-driven fundamentals with structural setups:

  • USD/CHF aligns with risk-off CHF demand

  • US30 climbs on consumption data

  • Crypto breaks higher on dollar weakness

  • JPY strengthens on political/investor uncertainty

  • Commodity currencies hinge on inflation, oil, and central bank policy

This isn’t guesswork. It’s tracing the cause → watching the market react → picking the post-manipulation move.

Stay sharp,
Mr. Pips
Market Technician & Trader Psychology Coach
WMarkets Insider

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