Hello ,

Happy New Month and Happy new week!

Trust you are keeping safe?

As much as there is tension about war in some part of West-Africa, make sure your finances don't go to war with you.

Remember, "The financial market rewards those who dare to think differently. Be willing to challenge conventional wisdom, trust your instincts, and be open to innovative ideas."

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

USD: Last week we saw a bullish dollar, as it continued it retracement from the previous week until Thursday when the bears took over the market.

Going forward this week, the dollar trend is still bearish structurally. Therefore, we look forward to shorting the dollar (long-term), which implies longing its correlated pairs (GBPUSD, EURUSD) when we see a structure for the dollar sell as illustrated in the markup below.

JPY: As at the opening of last week, we saw a bearish YEN as analyzed, until Wednesday, when the bulls took over the market.

This week we expect a brief pull back from the YEN rally (if any) as illustrated in the chart below, then the continuation of the YEN retracement to clear the buy side liquidity, which implies that YEN correlated pairs may be bearish. However, the overall trend for the yen is still a down-trend.

GOLD: Last week the Gold spot was bearish.

However, looking at the price action, we see the Gold Spot bouncing off a strong bullish trend line, confirming the longing of Gold.

Therefore, this week we are looking out to LONG the Gold Spot as soon as our Value Flow Models® aligns which is also in line with our bearish dollar.

Make sure you trade cautiously and stick to your risk management plan this week as we expect CPI this week.

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As Dollar Dey Rise, I Dey Smile !

Have you seen the current exchange rate?

If no, I will tell you. A Dollar to naira now is 875

If you don't earn in dollar now, you are among the people address as the masses. And I believe you know what that means.

Incase you still belong to the group called the masses, and you desire to change that national status conferred on you by the current economy, simply join us for the highly anticipated August edition of the ATM Cashflow Training where you learn how to earn in dollars steadily.

This month's edition is coming up on 23rd - 25th of August 2023.

Registration closes: 21st August 2023.

For more information, simply click the button below to send us a message on WhatsApp.

WhatsApp Us

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Cheers and have a profitable Month!

VFT Team