MARKET COLOR FOR THE WEEK 10TH FEBRUARY 2025
Feb 09, 2025 9:45 pm
Hi ,
Happy New Week!
How was trading at your end last week? Hope you maximized the NFP move to your advantage !
Remember: "In every setback lies a setup for a comeback."
Here’s our analysis for the week ahead at Value Flow Trading:
USD: Last week, the dollar was overall bearish as analyzed after opening bullish with a jump, even after the released of the NFP data. This was as a result of the U.S. president’s speech addressing investors.
This week, we may see a brief pullback before the continuation of the bearish trend. Expect short-term sell opportunities on pairs like GBPUSD and EURUSD before a potential buy setup develops. Check the chart below for detailed insights.
JPY: The Yen basket was bullish last week as analysed. It traded just the way we expected it to clear the buy side liquidity and go for the sell side.
This week, we anticipate a bearish Yen as it trade into our Point of Interest (POI), presenting further buy opportunities on Yen pairs. Check the chart for specifics.
GOLD: Gold was bullish last week creating a new all time high and kept bouncing off our trend line.
This week we anticipate pullback of the precious metal into the trend line then continuation of its bullish trend because of the anticipated dollar weakness.
Remember to trade cautiously and implement proper risk management strategies as we expect CPI this week.
Wishing you a profitable trading week!
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Cheers!
VFT Team