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
SPOT GOLD DAILY OUTLOOK - +$ 3300.00+
Update Time: 08 May 2025 17:15GMT
Gold's intra-day selloff fm 3414.70 to as low as
3289.10 in NY on risk-on trading due to easing
tariffs tension suggests decline fm 3434.90 (Tue)
remains in progress n weakness to 3270/3272, then
3245/3250 would be seen but break is needed to
yield re-test of last Thur's trough at 3202.10.

In view of abv analysis, trade fm short side for
3300.00 handle first as only a daily close abv
3330/3335 prolongs choppy swings, risks 3365/3370.

Rate: +$ 3300.00+ 
Strategy: +Target met+ 
Position: +Short at 3360.00+ 
Objective: 3300.00 
Stop-Loss:  
Resistance: 3320.30/3330.50/3369.50 
Support: 3285.30/3272.50/3253.20 
 
DAILY GBP/JPY OUTLOOK - +192.85+
Update Time: 09 May 2025 01:39GMT
Y'day's rally fm 191.00 to as high as 193.49 in
NY signals re-test of May's 4-wk 193.74 top is seen
, abv need to extend rise fm 184.42 (Apr) to 194.00

Trade fm long side for 193.63 next as only below
194.00 next n only below 192.30/40 risks 191.70/80.

Rate: +192.85+ 
Strategy: +Stop profit+ 
Position: +Long at 191.63+ 
Objective: +Long at 191.63+ 
Stop-Loss: +192.85+ 
Resistance: 193.52/193.74/194.00 
Support: 192.63/192.40/191.73 
 
DAILY EUR/JPY CROSS OUTLOOK - +163.95+
Update Time: 02 May 2025 11:37GMT
Despite euro's fall fm last Fri's 163.75 high to
161.71 Wed, y'day's rally in post-BOJ n then break
of 144.18 res suggests upmove fm Feb's 154.80 bot-
tom wud head to 164.90/00 after consolidation,
break extends to 165.40/50 b4 correction occurs.

Trade fm long side for 165.00 n only below 163.
85/90 prolongs choppy swings, 163.40/45 later.

Rate: +163.95+ 
Strategy: +Stop profit+ 
Position: Long at 162.24 
Objective:  
Stop-Loss: 163.95 
Resistance: 164.63/164.90/165.03 
Support: 163.40/163.13/162.70 
 
DAILY USD/JPY OUTLOOK - +144.90+
Update Time: 02 May 2025 08:51GMT
Despite dlr's fall fm last Fri's 144.03 high to
141.98 Tue, y'day's rally abv said res in post-BOJ
to 145.92 today suggests corrective upmove fm Apr's
7-month 139.89 bottom wud heads to 146.50/60 after
consolidation but 147.00/10 may cap upside today.

Trade fm long side for 146.50 n only below 144.
55/60 risks weakness to 144.15/25 b4 rebound occurs

Rate: +144.90+ 
Strategy: +Stop profit+ 
Position: Long at 142.55 
Objective:  
Stop-Loss: 144.90 
Resistance: 145.28/145.50/145.71 
Support: 144.79/144.42/144.16 
 
SPOT GOLD DAILY OUTLOOK - +$ 3274.00+
Update Time: 01 May 2025 02:39GMT
Despite gold's intra-day rally fm 3267.80 at NY
open to as high as 3319.80, subsequent retreat sig-
nals price would continue to gyrate inside 3260.40-
3370.70 broad range with downside bias n re-test of
said sup would be forthcoming, break extends fall
fm 3500.10 (Apr) to 3245/3250 but 3230.00 may hold.

In view of abv analysis, trade fm short side for
3274.00 next as only a daily close abv 3295/3300
risks gain back to 3314/3315, abv, 3330.00.

Rate: +$ 3274.00+ 
Strategy: +Target met+ 
Position: +Short at 3304.10+ 
Objective: 3274.00 
Stop-Loss:  
Resistance: 3299.80/3314.70/3330.00 
Support: 3260.40/3245.80/3232.80 
 
DAILY GBP/JPY OUTLOOK - +193.20+
Update Time: 01 May 2025 15:21GMT
Intra-day break of last Fri's 191.72 high con-
firms upmove fm Apr's near 7-mth 184.40 trough has
resumed n wud head to 193.00/10, abv, 193.60/66.

Trade fm long side for +193.20+ n only below
192.20/30 risks weakness to 191.80/90 b4 rebound.

Rate: +193.20+ 
Strategy: +Target met+ 
Position: Long at 190.94 
Objective: +193.20+ 
Stop-Loss: Long at 190.94 
Resistance: 193.66/193.99/194.57 
Support: 192.57/192.27/191.89 
 
INTRA-DAY USD/JPY OUTOOK - +144.85+
Update Time: 01 May 2025 14:02GMT
Intra-day rise abv y'day's 143.19 high in post-
BoJ suggests pullback fm last Fri's 144.03 high has
ended at 141.98 Tue n near term upmove fm Apr's 7-
month 139.89 trough wud head to 144.20/30, then
144.55/65 but 145.10/20 is likely to hold initially

Trade fm long side for +144.85+ n below 143.30/
40 prolongs choppy swings, risks 142.89 (Asia).

Rate: +144.85+ 
Strategy: +Target met+ 
Position: Long at 142.55 
Objective: +144.85+ 
Stop-Loss:  
Resistance: 145.12/145.33/145.77 
Support: 144.42/144.14/143.98 
 
INTRA-DAY EUR/JPY OUTLOOK - +163.74+
Update Time: 01 May 2025 12:54GMT
Intra-day rally abv y'day's 142.70 high in post-
BoJ suggests correction fm last Fri's 163.75 top
has ended at 161.71 y'day n re-test of said res wud
be seen after consolidation, break extends to 164.
18 (Mar n Apr's peak), abv, 164.50/54 b4 retreat.

Trade fm long side for +163.74+ n below 163.08/
13 risks weakness to 162.60/70, which shud hold.

Rate: +163.74+ 
Strategy: +Target met+ 
Position: Long at 162.24 
Objective: +163.74+ 
Stop-Loss:  
Resistance: 164.18/164.54/164.90 
Support: 163.40/163.13/162.62 
 
WEEKLY USD/CHF OUTLOOK - +0.8200+
Update Time: 28 Apr 2025 13:58GMT
Despite Wed's rally fm a 15-month trough of 0.83
60 to 0.8583, y'day's selloff below said sup, then
break of 0.8333 (Dec 2023 near 9-year trough) con-
firms LT decline has resumed n weakness to 0.8200
target would be seen after consolidation, however,
0.8100 handle may hold due to oversold condition.

Trade fm short side for this move n only a daily
close abv 0.8350/60 indicates temporary bottom is
in place, risks retracement to 0.8455/65 later.

Rate: +0.8200+ 
Strategy: +Target met+ 
Position: +Short at 0.8560+ 
Objective: 0.8200 
Stop-Loss:  
Resistance: 0.8360/0.8466/0.8516 
Support: 0.8142/0.8100/0.8077 
 
SPOT GOLD DAILY OUTLOOK - +$ 3270.00+
Update Time: 25 Apr 2025 15:28GMT
Despite gold's intra-day marginal break of 3367.
80 (Thur) in Asia, subsequent sharp selloff on risk
-on trading due to de-escalating tariffs tension
signals correction fm 3260.40 (Wed) has ended n
downside bias remains, below said sup would extend
decline fm record high at 3500.10 to 3240/3245.

In view of abv analysis, trade fm short side for
+3270.00+ next as only a daily close abv 3325/3330
prolongs choppy swings, risks gain to 3340/3345.

Rate: +$ 3270.00+ 
Strategy: +Target met+ 
Position: +Short at 3312.10+ 
Objective: +3270.00+ 
Stop-Loss:  
Resistance: 3316.40/3327.80/3343.20 
Support: 3290.80/3284.00/3260.40 
 
SPOT GOLD DAILY OUTLOOK - +$ 3302.50+
Update Time: 25 Apr 2025 06:37GMT
Despite gold's intra-day marginal break of 3367.
80 (Thur) in Asia, subsequent sharp selloff on risk
-on trading due to de-escalating tariffs tension
signals correction fm 3260.40 (Wed) has ended n
downside bias remains, below said sup would extend
decline fm record high at 3500.10 to 3240/3245.

In view of abv analysis, trade fm short side for
3285.00 next as only a daily close abv 3325/3330
prolongs choppy swings, risks gain to 3340/3345.

Rate: +$ 3302.50+ 
Strategy: +Stop profit+ 
Position: +Short at 3341.80+ 
Objective:  
Stop-Loss: +3302.50+ 
Resistance: 3316.40/3327.80/3343.20 
Support: 3290.80/3284.00/3260.40 
 
SPOT GOLD DAILY OUTLOOK - +$ 3330.00+
Update Time: 24 Apr 2025 07:03GMT
Despite gold's rally fm Wed's 3260.40 low to as
high as 3367.60 in Asia today, subsequent sharp
retreat signals said correction has possibly made a
temporary top n consolidation with downside bias
remains for weakness to 3290/3295, then re-test of
said sup, break extends fall fm 3500.10 to 3240/45.

In view of abv analysis, trade fm short side for
+3275.00+ next as only a daily close abv 3335/3336
would prolong choppy swings n risks gain to 3345/50

Rate: +$ 3330.00+ 
Strategy: +Stop profit+ 
Position: Short at 3360.00 
Objective:  
Stop-Loss: +3330.00+ 
Resistance: 3335.60/3349.50/3355.80 
Support: 3290.80/3284.00/3260.40 
 
INTRA-DAY EUR/CHF OUTLOOK - +0.9395+
Update Time: 23 Apr 2025 11:35GMT
Euro's rally fm 0.9276 (Mon) n break of 0.9354
res to 0.9362 in NY Tue signals near term rise fm
Apr's 4-1/2 month bottom at 0.9224 remains in force
n further gain to 0.9400/10 wud be seen, break ex-
tends to 0.9440/45 b4 prospect of correction later.

Trade fm long side for 0.9395 next as only below
0.9330/36 indicates temp. top made, risks 0.9297/01

Rate: +0.9395+ 
Strategy: +Target met+ 
Position: Long at 0.9290 
Objective: +0.9395+ 
Stop-Loss:  
Resistance: 0.9409/0.9444/0.9476 
Support: 0.9336/0.9301/0.9277 
 
INTRA-DAY AUD/USD OUTLOOK - +0.6335+
Update Time: 17 Apr 2025 06:24GMT
Y'day's re-test of 0.6391 res suggests gain twds
this year's 0.6408 (Feb) top wud be seen after
consolidation, where break extends upmove to 0.6425
/29, then 0.6445/55, however, 0.6470/80 res area is
likely to hold on 1st testing, yield correction.

Trade fm long side for 0.6405 n only below 0.63
40/42 risks 0.6323 (Wed), below, 0.6300/05 later.

Rate: +0.6335+ 
Strategy: +Stop profit+ 
Position: Long at 0.6185 
Objective:  
Stop-Loss: 0.6335 
Resistance: 0.6391/0.6408/0.6429 
Support: 0.6342/0.6323/0.6301 
 
DAILY AUD/USD OUTLOOK - +0.6335+
Update Time: 17 Apr 2025 06:23GMT
Although aud has retreated after y'day's re-test
of 0.6391 res n choppy sideways swings is in store
b4 gain twds 0.6408 (Feb's peak), where break wud
head twds 0.6425/29, however, loss of momentum shud
prevent strong rise abv n 0.6470/80 shud cap upside

Trade fm long side for 0.6425 n only below 0.63
23 (Wed) indicates top made, risks 0.6276/80 later.

Rate: +0.6335+ 
Strategy: +Stop profit+ 
Position: Long at 0.6185 
Objective:  
Stop-Loss: 0.6335 
Resistance: 0.6391/0.6408/0.6429 
Support: 0.6323/0.6301/0.6276 
 
SPOT SILVER DAILY OUTLOOK - +$ 33.00+
Update Time: 16 Apr 2025 08:42GMT
Intra-day rally abv 32.41 (Tue) signals upmove
fm Mon's near 7-mth 28.34 low wud head to 33.00
handle but abv needed to extend to 33.45/50.

Trade fm long side for 33.00 next as only below
32.60/65 indicates temp. top made, risks 32.30.

Rate: +$ 33.00+ 
Strategy: +Target met+ 
Position: Long at 30.10 
Objective: 33.00 
Stop-Loss: Long at 30.10 
Resistance: 33.21/33.48/33.95 
Support: 32.62/32.30/32.10 
 
INTRA-DAY EUR/JPY OUTLOOK - +162.90+
Update Time: 14 Apr 2025 13:01GMT
Although euro's stong bounce fm 162.11 (Asia)
signals correction fm Mon's fresh 1-week 163.28
peak (NZ) has possibly over, subsequent retreat fm
163.17 (Europe) wud yield further range trading b4
prospect of another rise to 163.60/65, 163.88.

Trade fm long side for 163.60 next as only below
162.05/10 risks retracement back to 161.80/90.

Rate: +162.90+ 
Strategy: +Exit long+ 
Position: Long at 161.70 
Objective:  
Stop-Loss:  
Resistance: 163.14/163.36/163.88 
Support: 162.41/162.11/161.85 
 
SPOT GOLD DAILY OUTLOOK - +$ 3120.00+
Update Time: 10 Apr 2025 13:35GMT
Gold's intra-day rally fm 3071.70 n break of
Wed's high at 3099.40 signals recent erratic upmove
fm Apr's 3-week 2956.60 bottom remains in force n
gain to 3136.70 res would be forthcoming but firm
break there is needed to yield re-test of Apr's
record high at 3167.70 b4 prospect of correction.

In view of abv analysis, trade fm long side for
3165.00 next as only a daily close below 3110/3115
would risk stronger retracement to 3100/3105.

Rate: +$ 3120.00+ 
Strategy: +Stop profit+ 
Position: +Long at 3105.00+ 
Objective:  
Stop-Loss: +3120.00+ 
Resistance: 3136.70/3149.00/3167.90 
Support: 3113.30/3101.40/3090.00 
 
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