Hi ,
Happy New Week
How was trading at your end last week, Trust you were profitable?
Remember: "Consistency beats intensity, small gains over time build wealth."
Here’s our analysis for the week ahead at Value Flow Trading:
USD: Last week, the dollar was bearish as it sold off into the daily order block and resumed the buy move on Friday.
This week, we anticipate a brief retracement, then the continuation of the bullish trend. This suggests first a BUY, then SELL (SHORT) opportunities on pairs like GBP/USD and EUR/USD.
Check the chart below for detailed insights.
JPY: The Yen basket continued its bullish trend last week until Friday when it pulled back for the week.
This week, we expect a continuation of the BUY trend, as 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 4,380.990 level and sold off on Friday.
This week, we anticipate further sell-off, followed by a bullish continuation of the precious metal, 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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