MARKET COLOR FOR THE WEEK 13TH JANUARY 2025
Jan 12, 2025 10:20 pm
Hi ,
Happy New Week!
How was your trading last week? Hopefully, you didn’t lose your account to the NFP news!
Remember: "In trading, patience is not just a virtue; it's the edge."
Here’s our analysis for the week ahead at Value Flow Trading:
USD: Last week, the dollar traded further into our daily POI around the 109.950 level, as previously analyzed. This zone marks a bearish zone for the dollar, particularly on the weekly time-frame.
In the coming weeks, we expect a pullback, creating long opportunities for pairs like GBPUSD and EURUSD. Check the chart below for more details.
JPY: Last week, the Yen basket moved into a long position but lacked full momentum, leaving it in an overall range.
This week, we anticipate buy opportunities for the Yen after a pullback into our POI, followed by potential sell opportunities on Yen pairs. Refer to the chart for specific insights.
GOLD: The precious metal experienced a bullish week last week, trading toward our POI for a sell.
Moving ahead, We expect further buy momentum this week before the sell trend begins, especially when our Value Flow Models® align.
Remember to always trade cautiously and implement proper risk management strategies.
Wishing you a profitable trading week!
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Cheers!
VFT Team