Hi ,
Happy New Week!
Trust last week was a profitable one at your end upon the tariff hike from USA?
Remember: "Your experience years can be your hedge be it positive or negative if well documented. Keep moving, as you are not where you use to be. You are closer to your days of consistent profitability"
Here’s our analysis for the week ahead at Value Flow Trading:
USD: Last week, the dollar remained bearish as it sold off to clear the 3-year weekly range and traded into the weekly order block.
This week, we anticipate a bullish dollar. 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 analysed last week, taking out our daily liquidity level and sold back into the range at the close of the market.
This week, we anticipate a further pullback on the Yen, followed by a continuation of its bullish trend. This presents an initial buying (LONG) opportunity, followed by a potential selling (SHORT) opportunity on Yen pairs.
Check the chart for specific details.
GOLD: Last week, Gold continued its bullish trend as analysed, reaching another all-time high at 3,245.48 on Friday as it remained the most preferred safe haven asset.
This week, we anticipate a pullback into the flip zone around the 3,150 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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