Daily Market Outlook
Update Time: 27 Mar 2025 05:28
Next Update At: 07:30GMT
EUR/USD - 1.0779
Despite euro's rise to a 5-month peak of 1.0954 last Tue, loss of momentum and subsequent fall to 1.0778 Tue, then to 1.0745 in New York yesterday on renewed usd's strength suggests a temporary top is made and intra-day rebound would yield consolidation before prospect of another fall towards 1.0720/25, 1.0677/80.  
  
On the upside, a daily close above 1.0820/30 would risk stronger retracement to 1.0858/61, break, 1.0890/95 later.
   Our Recommended Trades
DAILY NZD/USD OUTLOOK - +0.5920+
Update Time: 23 Jun 2025 15:29GMT
Intra-day break of Thur's 0.5959 low confirms
fall fm last Mon's 8-mth 0.6088 peak has resumed n
wud head to 0.5895/00, then 0.8550/60 b4 rebound.

Trade fm short side for 0.5960 n only abv 0.5960
/70 risks gain to 0.6000/10, which shud hold.

Rate: +0.5920+ 
Strategy: +Stop profit+ 
Position: +Short at 0.6005+ 
Objective: +Short at 0.6005+ 
Stop-Loss: +0.5920+ 
Resistance: 0.5966/0.6000/0.6033 
Support: 0.5895/0.5861/0.5847 
 
DAILY EUR/USD OUTLOOK - +1.1505+
Update Time: 19 Jun 2025 06:56GMT
Despite euro's resumption of LT upmove to a 3-
1/2 year 1.1632 peak last Thur, subsequent erratic
fall to 1.1447 y'day suggests temporary top is made
n choppy sideways swings is in store b4 price heads
to 1.1406/10 but 1.1372/74 shud to hold initially.

Trade fm short side for 1.1375 n only abv 1.1490
/00 risks 1.1530/40, 1.1670/80 wud cap upside.

Rate: +1.1505+ 
Strategy: +Stop profit+ 
Position: Short at 1.1605 
Objective:  
Stop-Loss: 1.1505 
Resistance: 1.1488/1.1530/1.1544 
Support: 1.1447/1.1406/1.1372 
 
INTRA-DAY USD/JPY OUTOOK - +145.25+
Update Time: 20 Jun 2025 03:22GMT
Intra-day rise abv 145.43/46 res area suggests
erratic upmove fm Jun's 142.39 low to retrace fall
fm 146.28 (end of May) has resumed n further head-
way twds 145.90/00, then 146.28 wud be seen after
consolidation, break extends to 146.70/80 b4 down.

Trade fm long side for 146.00 n only below 145.
00/05 signals top made, risks 144.75 (Asia).

Rate: +145.25+ 
Strategy: +Stop profit+ 
Position: Long at 144.50 
Objective:  
Stop-Loss: 145.25 
Resistance: 145.55/145.76/146.08 
Support: 145.04/144.75/144.34 
 
DAILY USD/JPY OUTLOOK - +145.20+
Update Time: 20 Jun 2025 03:21GMT
Despite y'day's brief drop to 144.34, subsequent
rise to 145.22 in post-FOMC, then higher today sug-
gests gain twds 145.46 (last Wed) wud be seen after
consolidation, break extends to 146.00/05, then to
Jun's 146.28 top but 146.70/80 shud hold initially.

Trade fm long side for 146.45 next n only below
144.75 (Asia) risks 144.34, below, 143.90/00 b4 up.

Rate: +145.20+ 
Strategy: +Stop profit+ 
Position: Long at 144.45 
Objective:  
Stop-Loss: +145.20+ 
Resistance: 145.55/145.76/146.08 
Support: 145.04/144.75/144.34 
 
DAILY USD/CAD OUTLOOK - +1.3690+
Update Time: 18 Jun 2025 04:04GMT
Intra-day rally fm 1.3558 n break of 1.3650/55
signals recent fall has made a low at Mon's 8-mth
low at 1.3539 n abv 1.3690/00 yields 1.3725/28.

Trade fm long side for 1.3690 next as only below
1.3605/10 suggests recovery over, risks 1.3555/60.

Rate: +1.3690+ 
Strategy: +Target met+ 
Position: Long at 1.3540 
Objective: 1.3690 
Stop-Loss: Long at 1.3540 
Resistance: 1.3652/1.3692/1.3728 
Support: 1.3652/1.3607/1.3558 
 
INTRA-DAY EUR/USD OUTLOOK - +1.1495+
Update Time: 17 Jun 2025 17:31GMT
Euro's selloff fm 1.1579 Tue n break of 1.1490
(Fri) to 1.1475 in NY indicates recent erratic rise
has made a top at last Thur's 3-1/2 year peak at
1.1632 n below 1.1445/50 wud yield further weakness
to 1.1405/10 but 1.1374 shud hold on 1st testing.

Trade fm short side for 1.1495 next as only abv
1.1540/50 signals correction over, risks 1.1575/80.

Rate: +1.1495+ 
Strategy: +Target met+ 
Position: Short at 1.1605 
Objective: 1.1495 
Stop-Loss:  
Resistance: 1.1544/1.1579/1.1590 
Support: 1.1490/1.1447/1.1406 
 
INTRA-DAY USD/JPY OUTOOK - +145.35+
Update Time: 18 Jun 2025 03:35GMT
Dlr's rally fm Fri's 142.80 low to 145.11 today
signals pullback fm last Wed's 145.46 high as ended
n as 144.41 has contained intra-day pullback, conso
lidation with upside bias remains for gain to 145.
25/29, then 145.46, break extends to 145.90/00.

Trade fm long side for 145.35 n only below 144.
35/41 risks 143.95/00 but 143.66/70 shud hold.

Rate: +145.35+ 
Strategy: +Target met+ 
Position: Long at 143.75 
Objective: 145.35 
Stop-Loss:  
Resistance: 145.46/145.71/146.28 
Support: 144.70/144.40/144.18 
 
DAILY GBP/USD OUTLOOK - +1.3460+
Update Time: 17 Jun 2025 17:31GMT
Despite cable's resumption of LT upmove to a
fresh 3-year 1.3632 peak last Fri, loss of momentum
n subsequent fall to 1.3517 the same day suggests
temporary top is made n as 1.3622 has capped reco-
very y'day, downside bias remains for 1.3457/60.

Trade fm short side for 1.3460 n only a daily
close abv 1.3580/85 risks 1.3622/32, abv, 1.3655/65

Rate: +1.3460+ 
Strategy: +Target met+ 
Position: Short at 1.3610 
Objective: 1.3460 
Stop-Loss:  
Resistance: 1.3518/1.3543/1.3560 
Support: 1.3457/1.3416/1.3392 
 
INTRA-DAY GBP/USD OUTLOOK - +1.3500+
Update Time: 17 Jun 2025 15:12GMT
Y'day's fall fm 1.3622 suggests choppy trading
below last Fri's fresh 3-year 1.3632 peak wud con-
tinue with downside bias for weakness to 1.3517
(reaction low), 1.3485/90, then 1.3457/60 but break
needed to yield stronger retrace. twds 1.3416/20.

Trade fm short side for 1.3500 n only abv 1.3580
/85 risks gain to 1.3600/05, abv, 1.3622/32 later.

Rate: +1.3500+ 
Strategy: +Target met+ 
Position: Short at 1.3610 
Objective: 1.3500 
Stop-Loss:  
Resistance: 1.3543/1.3560/1.3582 
Support: 1.3497/1.3486/1.3457 
 
SPOT GOLD DAILY OUTLOOK - +$ 3360.00+
Update Time: 04 Jun 2025 03:47GMT
Despite gold's sharp selloff fm Mon's 3392.20
high to as low as 3333.30 in NY Tue, subsequent
strong bounce signals a temporary trough is made n
consolidation with mild upside bais remains n abv
3365/3370 would yield re-test of said res, break
extends upmove fm 3121.00 (May) to 3395/3400.

In view of abv analysis, trade fm long side for
3390.00 next as only a daily close below 3345/3350
would prolong choppy swings, risk 3330/3335 later.

Rate: +$ 3360.00+ 
Strategy: +Stop profit+ 
Position: +Long at 3335.00+ 
Objective:  
Stop-Loss: +3360.00+ 
Resistance: 3372.60/3398.10/3414.80 
Support: 3346.60/3330.70/3316.80 
 
SPOT SILVER DAILY OUTLOOK - +$ 34.00+
Update Time: 03 Jun 2025 05:40GMT
Y'day's rise fm 32.97 n break of prev. res at
33.69 to 34.78 in NY signals upmove fm 28.34 (Apr)
wud re-test 34.86 but 35.00 handle may hold.

Trade fm long side for 34.85 next as only below
33.60/70 risks retracement back to 33.10/20.

Rate: +$ 34.00+ 
Strategy: +Stop profit+ 
Position: Long at 33.20 
Objective: Long at 33.20 
Stop-Loss: 34.00 
Resistance: 34.86/35.00/35.66 
Support: 33.69/33.49/33.13 
 
DAILY USD/JPY OUTLOOK - +142.90+
Update Time: 26 May 2025 01:49GMT
Despite y'day's rally fm 142.81 to 144.33, subse
quent fall to 143.15 today suggests recovery has
ended n decline fm May's 148.64 peak wud head to
142.36/40 after consolidation, however, 141.98/00
sup area shud hold on 1st testing, bring rebound.

Trade fm short side for +142.15+ n abv 144.00/10
risks gain to 144.33/41 b4 prospect of retreat.

Rate: +142.90+ 
Strategy: +Stop profit+ 
Position: Short at 144.25 
Objective:  
Stop-Loss: +142.90+ 
Resistance: 142.94/143.42/143.58 
Support: 142.36/141.98/141.54 
 
INTRA-DAY EUR/USD OUTLOOK - +1.1320+
Update Time: 23 May 2025 11:54GMT
As y'day's 1.1257 low has contained pullback fm
Wed's 1.1362 high, suggesting upmove fm May's 1-mth
1.1066 trough to retrace decline fm Apr's near 3-
1/2 year 1.1573 peak wud head to 1.1378/81 after
consolidation, abv yields 1.1395/00, then 1.1420/25

Trade fm long side for 1.1380 n only below 1.13
05/10 risks 1.1280/85, below, 1.1257 again.

Rate: +1.1320+ 
Strategy: +Stop profit+ 
Position: Long at 1.1260 
Objective:  
Stop-Loss: +1.1320+ 
Resistance: 1.1345/1.1381/1.1399 
Support: 1.1280/1.1257/1.1219 
 
INTRA-DAY USD/JPY OUTOOK - +142.85+
Update Time: 23 May 2025 11:45GMT
As 144.33 has capped recovery fm y'day's 2-week
low of 142.81, suggesting correction has ended n
decline fm May's 148.64 peak wud resume after conso
lidation n head to 142.36/40, break needed to yield
marginal drop but 141.98/00 wud hold initially.

Trade fm short side for 142.85 n only abv 143.65
/76 prolongs choppy swings, risks 144.00/10 later.

Rate: +142.85+ 
Strategy: +Target met+ 
Position: Short at 144.25 
Objective: 142.85 
Stop-Loss:  
Resistance: 143.42/143.58/143.76 
Support: 142.36/141.98/141.54 
 
DAILY USD/CAD OUTLOOK - +1.3830+
Update Time: 21 May 2025 16:07GMT
Intra-day break of 1.3895/01 signals rise fm
May's 1.3751 low has made a top at 1.4016 last Tue
n usd wud head to 1.3859/62, then 1.3815/25 b4 up.

Trade fm short side for 1.3830 n only a firm
rise abv 1.3920/30 risks 1.3945/50, 1.3968/75.

Rate: +1.3830+ 
Strategy: +Target met+ 
Position: Short at 1.3960 
Objective: 1.3830 
Stop-Loss: Short at 1.3960 
Resistance: 1.3920/1.3935/1.3968 
Support: 1.3814/1.3774/1.3751 
 
INTRA-DAY EUR/USD OUTLOOK - +1.1320+
Update Time: 21 May 2025 02:24GMT
As 1.1219 has contained pullback fm y'day's 1.12
88 high, suggesting upmove fm last Mon's 1-month
1.1066 trough to retrace decline fm Apr's near 3-
1/2 year 1.1573 peak wud extend to 1.1330/36 after
consolidation but 1.1370/80 is likely to cap upside

Buy on dips to 1.1230 for 1.320 n only below
1.1219 risks 1.1195/00, below, 1.1165/72 b4 bounce.

Rate: +1.1320+ 
Strategy: +Target met+ 
Position: +Long at 1.1230+ 
Objective: 1.1320 
Stop-Loss:  
Resistance: 1.1336/1.1364/1.1381 
Support: 1.1288/1.1269/1.1246 
 
INTRA-DAY USD/CHF OUTLOOK - +0.8270+
Update Time: 21 May 2025 02:22GMT
Intra-day fall fm 0.8362 at Asian open n then
break of y'day's 0.8319 low confirms decline fm
last Mon's 1-month 0.8475 peak has resumed n weak-
ness to 0.8270 sup wud be seen after consolidation,
break, 0.8233/40 but 0.8187 sup shud remain intact.

Sell on pullback to 0.8340 for 0.8270 n only abv
0.8362/65 risks gain to 0.8400/05, abv, 0.8430/35.

Rate: +0.8270+ 
Strategy: +Target met+ 
Position: +Short at 0.8345+ 
Objective: +0.8270+ 
Stop-Loss:  
Resistance: 0.8279/0.8309/0.8328 
Support: 0.8233/0.8214/0.8187 
 
DAILY USD/CHF OUTLOOK - +0.8375+
Update Time: 14 May 2025 08:30GMT
Despite dlr's decline to a 10-year 0.8040 trough
mid-Apr, subsequent rally to 0.8341 Fri, then Mon's
rise abv there on US-China tariffs optimism con-
firms LT decline has made a temp. bottom n gain to
0.8515/25 wud be seen after consolidation b4 down.

Trade fm long side for 0.8510 n below 0.8375/80
risks marginal drop as 0.8340/50 is likely to hold.

Rate: +0.8375+ 
Strategy: +Stop profit+ 
Position: Long at 0.8260 
Objective:  
Stop-Loss: 0.8375 
Resistance: 0.8475/0.8488/0.8518 
Support: 0.8411/0.8380/0.8349 
 
INTRA-DAY GBP/USD OUTLOOK - +1.3270+
Update Time: 14 May 2025 19:13GMT
Cable's intra-day retreat after break of y'day's
1.3316 high to 1.3361 (LSEG) suggests corrective
upmove fm Mon's 3-1/2 week 1.3140 trough has made a
temporary top n weakness to 1.3245/50 wud be seen
after consolidation, below heads to 1.3215/25.

Trade fm short side for 1.3270 n only abv 1.3361
risks marginal gain as 1.3400/02 shud cap upside.

Rate: +1.3270+ 
Strategy: +Target met+ 
Position: +Short at 1.3345+ 
Objective: 1.3270 
Stop-Loss:  
Resistance: 1.3299/1.3322/1.3344 
Support: 1.3248/1.3222/1.3191 
 
INTRA-DAY EUR/USD OUTLOOK - +1.1170+
Update Time: 14 May 2025 19:08GMT
As 1.1265 has capped corrective rise fm Mon's 1-
month 1.1066 bottom, suggesting temporary top is in
place n weakness to 1.1195/00, then 1.1165/70 wud
be seen after consolidation, however, 1.1120/30 is
likely to hold today, yield subsequent rebound.

Trade fm short side for 1.1170 n only abv 1.1265
risks marginal gain, 1.1290/00 shud cap upside.

Rate: +1.1170+ 
Strategy: +Target met+ 
Position: +Short at 1.1245+ 
Objective: 1.1170 
Stop-Loss:  
Resistance: 1.1215/1.1242/1.1265 
Support: 1.1148/1.1124/1.1098 
 
DAILY AUD/JPY CROSS OUTLOOK - +94.35+
Update Time: 12 May 2025 15:56GMT
Intra-day higher open n break of prev. res at
93.55 signals rise fm Apr's 3-year 86.06 low wud
extend to 94.60/70 but 95.10/20 may hold initially.

Trade fm long side for 95.05 next as only below
93.30/35 indicates temp. top made, risks 92.80/85.

Rate: +94.35+ 
Strategy: +Stop profit+ 
Position: Long at 93.05 
Objective: Long at 93.05 
Stop-Loss: +94.35+ 
Resistance: 95.11/95.39/95.74 
Support: 94.23/93.99/93.53 
 
DAILY GBP/USD OUTLOOK - +1.3150+
Update Time: 12 May 2025 11:41GMT
Despite cable's rally fm a 3-week low at 1.3213
to 1.3322 Fri, intra-day selloff after US-China
joint statement (see MMN) suggests recovery has
ended n decline fm Apr's 3-year 1.3444 peak wud
head to 1.3165/70, then 1.3140/45 b4 rebound occurs

Trade fm short side for +1.3150+ n only abv 1.32
60/65 risks 1.3295/00, abv, 1.3320/25 later.

Rate: +1.3150+ 
Strategy: +Target met+ 
Position: Short at 1.3320 
Objective: +1.3150+ 
Stop-Loss:  
Resistance: 1.3213/1.3254/1.3275 
Support: 1.3140/1.3124/1.3097 
 
   © 1989-2025 Great Sky Management Limited. All rights reserved. | Home | Contact Us | Risk Disclosure | Top