MARKET COLOR FOR THE WEEK 6TH JANUARY 2025
Jan 05, 2025 10:16 pm
Hi ,
Happy New Year!
It’s a new year to be intentional about your professionalism and profitability in financial market trading. This year, give it your all to achieve the best results.
Set clear goals, stay committed, and take consistent steps toward achieving them.
Last year was a defining moment in the financial markets, with major banks cutting interest rates and the U.S. elections significantly influencing the markets. As we enter 2025, we look forward to a profitable year ahead.
Remember: “A disciplined trader is known for their ability to stick to trading rules, which ultimately leads to profitability.”
Here’s our analysis for the week ahead at Value Flow Trading:
USD: The dollar has reached the long-awaited POI on the weekly time-frame, following 14 weeks of continuous buying without a significant pullback.
In the coming weeks, we anticipate a pullback, creating long opportunities for pairs like GBPUSD and EURUSD. Check the chart below for details.
JPY:After a massive sell-off in the Yen basket from January 2023 to June 2024, the market direction shifted in July 2024, driven by changes in Japan’s economy.
As the trading year begins, we expect further buy opportunities in the Yen after a pullback into our POI, followed by sell opportunities on Yen pairs. Refer to the chart for specifics.
GOLD: 2024 was a strong BUY year for Gold, which surged from the 2024 level to 2790, solidifying its status as the preferred safe haven.
We anticipate a pullback before Gold continues its upward trend, especially when our Value Flow Models® align.
Remember to always trade cautiously and implement proper risk management strategies.
Wishing you a profitable trading year!
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Cheers!
VFT Team