Hello ,

Happy New Week!

It's another opportunity to secure those pips and infuse your trading career with renewed energy.

Remember, "The markets may fluctuate, but your dedication should remain constant. Trade with passion, adapt with wisdom, and let your consistency be your hallmark."

Here's our analysis for the week ahead at Value Flow Trading:

USD: Last week, the dollar was ranging with minimal volatility, contrary to our expectations.

Looking ahead this week, we still anticipate a pullback of the dollar followed by a continuation of its bullish trend, as illustrated in the chart below. This suggests initiating long positions on its correlated pairs (GBPUSD, EURUSD), followed by a continuation of the sell-off.

JPY: Since March 20th, 2024, the YEN has remained within a range near its all-time low despite the interest rate hike.

This week, we anticipate a continuation of the bullish YEN, indicating potential bearishness for Yen-correlated pairs.

GOLD: Last week, the Gold Spot maintained its bullish trajectory but failed to break the previous high around 2431.590.

In the upcoming week, we expect Gold Spot to sustain its bullish trend, especially amidst the escalating tensions between Israel and Iran. However, if it breaks below the support zone around 2318.760, we'll look for selling opportunities, aligning with our Value Flow Models®.

Remember to always trade cautiously and implement proper risk management.

Wishing you a successful and profitable month ahead!

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Cheers!

VFT Team