Hi ,

Happy New Week and Happy New Month!

It's the second half of the year, and we believe your focus on your trading goals for this year is still intact.

Remember, "The financial markets reward those who dare to dream big and act boldly. Trade with vision, stay ambitious, and let your aspirations drive your success."

Being the first trading day in the second half of the year, there is still some indecision in the market regarding its direction, and the trading volumes are not very high.

However, here at Value Flow Trading, this is our analysis for the week:

USD: The dollar has been bullish for the first half of the year but not with the expected momentum. Even last week, it was bullish as predicted but not with much momentum, which may be due to the upcoming election.

However, going forward this week, we still expect the dollar to be bullish as we expect the Non-farm payroll data on Friday. This implies short positions on its correlated pairs (GBPUSD, EURUSD), as illustrated in the markup below.

JPY: Since the market opened this year, the Yen has been on a journey of no return to the lowest low, which most traders have hardly seen before. Many bullish optimisms have been voided since the opening of the year.

However, in this second half of the year, we still anticipate a Yen pullback after this long period of selling.

Therefore, this week, we anticipate a pullback of the Yen, as shown in the chart below, suggesting that Yen-correlated pairs might be bearish.

GOLD: The precious metal was bullish throughout the first half of this year alongside the dollar, even with more momentum than the dollar, which created a divergence between the two safe havens.

Moving ahead in this second half, we anticipate a few sell-offs of the precious metal, particularly this week, as soon as our Value Flow Models® align.

Remember to trade cautiously and stick to your risk management plan as we expect some high-impact news.

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Wishing you a profitable trading week ahead!

VFT Team