The Market Horoscope – The week of April 21, 2025
Welcome to The Market Horoscope, our weekly publication providing insights into the financial markets. We analyze stocks, commodities, cryptocurrencies, and forex to forecast potential market movements and help you navigate the complex market landscape.
Market Outlook
Key Economic Events This Week:
| Date | Day | Event/ Report | Currency |
|---|---|---|---|
| 23-04-2025 | Wednesday | PMI | EUR |
| 23-04-2025 | Wednesday | PMI | EUR |
| 23-04-2025 | Wednesday | PMI | USD |
| 24-04-2025 | Thursday | Unemployment claims | USD |
| 25-04-2025 | Friday | Retail | GBP |
| 25-04-2025 | Friday | Retail | CAD |
Market Insights
The Analysis
DXY (US Dollar Index) continues its weakness and is testing the support level at 99. Our forecast is that it will head lower this week, probably testing 101.5 before it heads downwards. The next level of support is at 96.25. Equities, Gold and Oil showed some strength last week, though ended up to be sideways by the end of the week.
The Insights
We are bullish on Equities, Gold and Oil, and bearish on the US$.
The Action
Look to Short DXY at 101.5. Look for buying opportunities in Equities, Oil and Gold.
The Timing
Tuesday
Having a solid understanding of the economic cycle is crucial. Reacting to news and reports in real-time can be counterproductive. We are committed to providing accurate market forecasts and welcome your feedback and questions on our predictions. Your engagement helps us refine our insights and better serve you.
Note: Our predictions are based on current data and market trends. Before making investment decisions, consider your risk tolerance and consult a financial advisor.