MARKET COLOR FOR THE WEEK 7th APRIL 2025
Apr 06, 2025 8:36 pm
Hi ,
Happy New Week!
Last week was filled with various major news events and also marked the beginning of a new quarter. Hope it was a profitable week on your end?
Remember: "Your biggest challenges as a trader are your greatest opportunities to grow."
Hereβs our analysis for the week ahead at Value Flow Trading:
USD: Last week, the dollar was bearish as it sold off into the discount zone of the 3-year weekly range, as previously analyzed. It then began a pullback following the release of the NFP data.
This week, we expect to see a continued pullback on the dollar before the bearish trend resumes. This suggests selling (SHORT) opportunities on pairs like GBP/USD and EUR/USD before considering buying (LONG) opportunities.
Check the chart below for detailed insights.
JPY: The Yen basket was bullish as analyzed, trading into our daily POI and pulling back with a few pips before the market closed.
This week, we anticipate a further pullback on the Yen, followed by a continuation of its bullish trend. This presents an initial buying (LONG) opportunity, followed by a potential selling (SHORT) opportunity on Yen pairs.
Check the chart for specific details.
GOLD: Gold continued its bullish trend as analyzed, reaching another all-time high at 3,167.83 on Thursday before pulling back.
This week, we anticipate a deeper pullback into the flip zone around the 3,000 level before the bullish trend continues.
Remember to trade cautiously and implement proper risk management as there will be massive volatility in the market this week.
Wishing you a profitable trading Week!
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Cheers!
VFT Team