The Market Horoscope – The week of January 20, 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 |
|---|---|---|---|
| 21-01-2025 | Tuesday | CPI | CAD |
| 22-01-2025 | Wednesday | CPI | NZD |
| 23-01-2025 | Thursday | Retail | CAD |
| 23-01-2025 | Thursday | Unemployment claims | USD |
| 24-01-2025 | Friday | Interest rate | JPY |
| 24-01-2025 | Friday | Manufacturing Services PMI | EUR |
| 24-01-2025 | Friday | Manufacturing Services PMI | GBP |
| 24-01-2025 | Friday | Manufacturing Services PMI | USD |
Market Insights
The Analysis
The DXY (US Dollar Index) seems to have hit some resistance around 110.2. As anticipated in here last week, Equities (S&P500, Nasdaq) did regain some ground.
The Insights
Expect strong resistance for the DXY at 110.5. Equites, Gold and Oil are most likely to be bullish.
The Action
Short DXY at 110.5. Look to Long Equities on pullbacks.
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.