Hi ,
Happy New Week and Happy Easter
Trust last week was a profitable one at your end?
Remember: "Forex trading isn’t about how much you make but how much you keep."
Here’s our analysis for the week ahead at Value Flow Trading:
USD: Last week, the dollar remained bearish but with low momentum, as there wasn't much liquidity for a proper retracement and investors are gradually losing confidence in the dollar.
This week, we anticipate a potential retracement. This suggests selling (SHORT) opportunities on pairs like GBP/USD and EUR/USD.
Check the chart below for detailed insights.
JPY: The Yen basket was bullish as analyzed last week, but the move came with low momentum.
This week, we anticipate a continuation of the bullish trend. This presents a potential selling (SHORT) opportunity on Yen pairs as price pushes into key resistance zones.
Check the chart for specific details.
GOLD: Last week, Gold continued its bullish trend as analyzed, reaching another all-time high at 3,357.77 on Friday, maintaining its position as the most preferred safe haven asset.
This week, we anticipate a pullback to the 3,350 level before the bullish trend continues.
Remember to trade cautiously and implement proper risk management this week.
Wishing you a profitable trading Week!
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Cheers!
VFT Team
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