At Value Flow Trading, Abigail led a focused market analysis session spotlighting commodity currencies and the all-weather strategy, with in-depth discussions on AUD/USD and NZD/USD price movements. The team provided technical analysis on key forex pairs including NZD/USD and USD/JPY emphasizing the importance of waiting for clear breakouts and closely monitoring support and resistance levels.
The session highlighted how traders could navigate the current forex market conditions, noting that AUD/USD remains sensitive to the RBA monetary policy statement and interest rate decisions, while NZD/USD continues to react to broader market sentiment and key economic data releases. Abigail encouraged traders without access to all indicators to still participate by tracking the price levels marked during the session.
For NZD/USD, VFT’s analysis across multiple timeframes revealed areas where false breakouts had occurred, stressing the need for patience and confirmation before entering trades. The pair may present short-term buying opportunities, but only if price action aligns with planned setups.
The session also examined USD/JPY and AUD/USD, outlining potential retracement zones and identifying support/resistance areas critical for upcoming trading decisions. Traders were advised to watch for the US Core CPI release and any RBA announcements, as both could significantly influence volatility.