The Market Horoscope – The week of January 6, 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 |
|---|---|---|---|
| 06-01-2025 | Monday | CPI | EUR |
| 07-01-2025 | Tuesday | CPI | CHF |
| 07-01-2025 | Tuesday | PMI | USD |
| 08-01-2025 | Wednesday | Employment | USD |
| 08-01-2025 | Wednesday | FOMC | USD |
| 10-01-2025 | Friday | Employment | CAD |
| 10-01-2025 | Friday | Employment | USD |
Market Insights
The Analysis
The DXY (US Dollar Index) broke above a two year high towards the end of 2024. The narrative about the US$ is one of strength. However, we see the DXY approaching a key resistance level of 110.5.
The Insights
Expect the current Up-trend to continue in the next few weeks, going into the 110 area.
The Action
Continue Long DXY (@ 108.25). Equities and Oil are also bullish, so, look for pullbacks to go Long.
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.