Top 3 trade ideas for 9 July 2025

The overview is based on trade ideas provided by the Acuity Trading service. RoboForex analysts only select ideas from those available on the platform and do not develop them independently. Please note that trading in financial markets involves high risks, and the ideas presented do not constitute investment advice.

Trade ideas for GBPUSD, EURJPY, and USDCAD are available today. The ideas expire on 10 July 2025 at 08:00 AM (GMT +3).

GBPUSD trade idea

The bearish correction for the GBPUSD currency pair has likely ended, and a reversal upwards is expected soon. However, opening long positions from current levels carries an unfavourable risk-to-reward ratio, allowing for another attempt at a decline before the uptrend resumes. A breakout of the 1.3650 level will confirm the recovery of the bullish impulse, with a target for growth at 1.3700. Today’s GBPUSD trade idea suggests placing a Buy Limit order.

The news background for GBPUSD indicates a slight predominance of positive sentiment – 77% vs 23%. The risk-to-reward ratio exceeds 1:2. Potential profit at the first take-profit target is 100 pips, and 125 pips at the second, while possible losses are limited to 50 pips.

Trading plan

• Entry Point: 1.3575
• Target 1: 1.3675
• Target 2: 1.3700
• Stop-Loss: 1.3525

EURJPY trade idea

The EURJPY currency pair maintains confident upward movement, with no clear signs of the current trend ending. Despite bullish dominance, a short-term correction is possible – the pair has enough space for a decline without harming the overall uptrend. Buying from current levels seems unattractive in terms of risk-to-reward. A breakout of 170.00 will confirm further growth, with the nearest target at around 171.25. Today’s EURJPY trade idea suggests placing a Buy Limit order.

For EURJPY, there is a slight predominance of bearish expectations – 51% vs 49%. The risk-to-reward ratio exceeds 1:2. Potential profit at the first take-profit target is 150 pips, and 175 pips at the second, while possible losses are limited to 50 pips.

Trading plan

• Entry point: 171.50
• Target 1: 173.00
• Target 2: 173.25
• Stop-Loss: 170.75

USDCAD trade idea

The price action for the USDCAD currency pair indicates the formation of a local bottom, creating conditions for further price growth. However, opening long positions from current levels may be risky due to an unfavourable risk-to-reward ratio. A breakout of 1.3675 will confirm the resumption of the bullish impulse, with the growth target at 1.3750. The short-term RSI indicator shows positive dynamics, strengthening the likelihood of the upward trend continuing. Today’s USDCAD trade idea suggests placing a Buy Limit order.

For USDCAD, market sentiment is balanced with a 50% distribution between bulls and bears. The risk-to-reward ratio exceeds 1:2. Potential profit at the first take-profit target is 100 pips, and 125 pips at the second, while possible losses are limited to 50 pips.

Trading plan

• Entry point: 1.3625
• Target 1: 1.3725
• Target 2: 1.3750
• Stop-Loss: 1.3575