MARKET COLOR FOR THE WEEK 17TH FEBRUARY 2025
Feb 16, 2025 6:01 pm
Hi ,
Happy New Week!
How was trading at your end last week? CPI last week happens to be the best we've seen so far this year as there was no whipsaw and price went directly in our direction.
Remember: "In trading, patience is not just a virtue; it's the edge."
Hereβs our analysis for the week ahead at Value Flow Trading:
USD: Last week, the dollar was heavily bearish as analyzed, even after the released of the CPI data.
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 also bearish last week as analysed. It sold heavily toward the marked liquidity level.
This week, we anticipate the Yen to buy and clear the buy side liquidity then continue it sell into our Point of Interest (POI), presenting further buy opportunities on Yen pairs. Check the chart for specifics.
GOLD: Gold was overall bullish last week creating a new all time high, but sold off massively on Friday even upon the weakness of the dollar.
This week we anticipate pullback of the precious metal into the marked POI and then a sell into the trend line for the continuation of its bullish trend because of the anticipated dollar weakness.
Remember to trade cautiously and implement proper risk management.
Wishing you a profitable trading week!
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Cheers!
VFT Team