Hello ,
Happy New Week!
How was your trading last week? We hope it was profitable.
Remember, "As a trader, you have the power to turn financial uncertainty into opportunity. So make the best use of your powers."
Here's our analysis for the week ahead at Value Flow Trading:
USD: Last week, the dollar was bullish as analyzed but not with very high momentum.
Therefore, this week, we anticipate the continuation of the bullish dollar into the weekly shoulder level, as illustrated in the chart below. This suggests taking short positions on its correlated pairs (GBPUSD, EURUSD).
JPY: Last week, the Yen was heavily bearish against our bullish analysis, clearing liquidity levels and reaching an all-time low.
This week, we still anticipate a pullback for the Yen rally, as illustrated in the chart below, indicating potential bearishness for Yen-correlated pairs.
GOLD: Last week, the Gold Spot was bullish from the opening of the market until Friday, after creating its weekly high, then began to sell.
Moving forward this week, we expect the Gold Spot to continue its sell trend to the downside, particularly when our Value Flow Models® align.
Remember to always trade cautiously and implement proper risk management strategies.
Wishing you a successful and profitable week ahead!
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Cheers,
VFT Team
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