Hi ,
Happy New Week!
Trust last week was profitable at your end?
Remember: "Risk what you can afford to lose; trade to live, not live to trade."
Here’s our analysis for the week ahead at Value Flow Trading:
USD: Last week, the dollar was bearish, trading further down as a result of the ongoing geopolitical conflict.
This week, we anticipate further selling, followed by a pullback. This suggests a buy (LONG) opportunity first, then sell (SHORT) opportunities on pairs like GBP/USD and EUR/USD respectively.
Check the chart below for detailed insights.
JPY: The Yen basket resumed the week bullish and maintained its bullish trend as analyzed, before selling off on Friday.
This week, we anticipate a continuation of the bullish trend. This presents a potential selling (SHORT) opportunity on Yen pairs as price targets the weekly Order Block.
Check the chart for specific details.
GOLD: Last week, Gold was overall bullish due to the Israel-Iran geopolitical tension. We observed a shift in market volatility following Israel’s attack on Iran.
This week, we anticipate further buying of the precious metal, as it remains the most preferred safe haven asset during geopolitical conflicts.
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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