Weekly Market Forecast (6 – 10 Jan 25)

Disclaimer: The following analysis is for informational purposes only and should not be construed as financial advice. Please refer to the full disclaimer on this site.

Every Sunday, I take the time to analyze the markets by reviewing key fundamental news and events, both upcoming and those that transpired in the previous week. A resource I often refer to for a concise summary is Marc Chandler’s insightful blog, which provides a great overview of market happenings.

Additionally, I use tools like Myfxbook’s Forex Economic Calendar to stay informed about high-impact news that could influence market movements. Here’s a summary of the major events scheduled for this week:

Key Economic Events This Week

(All time in SGT +8GMT)

• Monday:

  • Judo Bank Services PMI (AUD) 06:00
  • S&P Global Services PMI (CAD) 22:30
  • S&P Global Services PMI (USD) 22:45

• Tuesday:

  • BRC Retail Sales Monitor YoY (GBP) 08:01
  • Balance of Trade (CAD, USD) 21:30
  • JOLTs Job Openings (USD) 23:00
  • Ivey PMI (CAD) 23:00
  • ISM Services PMI 23:00

• Wednesday:

  • Monthly CPI Indicator (AUD) 08:30
  • ADP Employment Change (USD) 21:15

• Thursday:

  • FOMC Minutes (USD) 03:00
  • Retails Sales MoM (AUD) 08:30
  • Balance of Trade (AUD) 08:30
  • Initial Jobless claims (USD) 20:30
  • Continuing Jobless Claims (USD) 21:30

• Friday:

  • Employment Change (CAD) 21:30
  • Unemployment Rate (USD, CAD) 21:30
  • Non Farm Payrolls (USD) 21:30
  • Michigan Consumer Sentiment (USD) 23:00

(The events listed here are based on information from the Myfxbook Economic Calendar and may be subject to change. Always confirm exact timings and details directly on the calendar.)

After reviewing the fundamentals, I shift my focus to technical analysis, starting with higher timeframes to establish a broader perspective on price movements. This helps me identify potential trends, key levels, and possible rejection or breakout zones.

My trading approach leans toward day trading to swing trading. I focus on capturing opportunities that align with the market’s trend and structure.

I closely monitor several indices and forex pairs , including NAS100, USD/JPY, GBP/JPY, AUD/USD, GBP/USD, USD/CAD. Below, I’ve highlighted some of the notable setups and key levels that I’ll be watching (all captured on 4h time frame)

NAS100

USD/JPY

GBP/JPY

AUD/USD

 

GBP/USD

USD/CAD

Got Questions or Want to Connect?

If you have any follow-up questions or want to discuss this week’s analysis further, feel free to reach out to me through my Contact Page. I’d love to hear from you!