Hi ,
Happy New Week
Trust you are making money as you are making progress?
In this industry, your profit is also part of your progress.
Remember: "Your biggest challenges as a trader are your greatest opportunities to grow."
Here’s our analysis for the week ahead at Value Flow Trading:
USD: Last week, the dollar was heavily bullish as analyzed, buying into our marked POI with a brief pullback on Friday.
This week, we anticipate further BUY moves, then a retracement. This suggests SELL (SHORT) opportunities on pairs like GBP/USD and EUR/USD.
Check the chart below for detailed insights.
JPY: The Yen basket was BEARISH as analyzed last week, as it finally traded into our weekly reference point for a BUY.
This week, we expect a full resumption of the anticipated BUY trend.
This presents long-term SELL opportunities on Yen-correlated pairs.
Check the chart for specific details.
GOLD: Last week, the precious metal continued its bullish move, creating a new all-time high again at the 4,059.350 level.
This week, we anticipate a pullback from last week’s rally, followed by a bullish continuation as illustrated in the chart below.
Remember to trade cautiously and implement proper risk management this week.
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Cheers!
VFT Team
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