Daily Market Outlook
Update Time: 10 Feb 2025 06:30
Next Update At: 00:30GMT
USD/JPY - 151.81
Despite dollar's fall to a near 2-month low at 150.94 in post-US jobs data Fri, intra-day rally on Trump's tariffs threats suggests temporary bottom is in place and stronger retracement to 152.90 (Thur), then 153.20/30 would be seen after consolidation before prospect of retreat.  
  
On the downside, a daily close below 151.60/65 would risk weakness to 151.25 (New Zealand), break, 150.94 later.
   Our Recommended Trades
SPOT GOLD DAILY OUTLOOK - +$ 2876.00+
Update Time: 12 Feb 2025 13:49GMT
Although gold's sharp selloff fm Tue's record
high at 2942.60 to as low as 2864.30 in post-CPI
trading Wed signals LT rise has made a temporary
top there, subsequent strong bounce has retained
mild daily bullishness but firm break of 2925/2930
is needed to re-test 2942.40, break, 2973.60 later.

In view of abv analysis, trade fm short side n
below 2864.30 would extend to 2855.00 next. Only
abv 2900/2905 risks stronger again to 2908/2910.

Rate: +$ 2876.00+ 
Strategy: +Stop profit+ 
Position: Short at 2895.00 
Objective:  
Stop-Loss: +2876.00+ 
Resistance: 2900.80/2908.70/2929.40 
Support: 2864.20/2852.70/2848.20 
 
DAILY USD/CHF OUTLOOK - +0.9115+
Update Time: 12 Feb 2025 23:44GMT
Despite dlr's fall fm Feb's 0.9196 high to 0.90
02 last Wed, subsequent rise to 0.9140 y'day, then
higher today on US CPI data suggests price wud re-
test Jan's 8-month top of 0.9202, break extends mar
ginally as 0.9220/24 res area shud hold initially.

Trade fm long side for 0.9185 n only below 0.90
90/94 confirms top made, risks 0.9060/65, 0.9040/45

Rate: +0.9115+ 
Strategy: +Stop profit+ 
Position: Long at 0.9010 
Objective:  
Stop-Loss: +0.9115+ 
Resistance: 0.9161/0.9176/0.9202 
Support: 0.9114/0.9090/0.9048 
 
INTRA-DAY USD/CHF OUTLOOK - +0.9140+
Update Time: 11 Feb 2025 14:42GMT
Y'day's rise to 0.9122 signals pullback fm Feb's
0.9196 high has possibly ended at 0.9002 last Wed n
as 0.9094 has contained pullback, consolidation
with upside bias wud be seen for gain to 0.9140/45,
then 0.9170/76, abv needed to head to 0.9196/02.

Trade fm long side for 0.9140 n below 0.9090/94
risks weakness to 0.9060/65, 0.9040/45 shud hold.

Rate: +0.9140+ 
Strategy: +Target met+ 
Position: Long at 0.9070 
Objective: 0.9140 
Stop-Loss:  
Resistance: 0.9161/0.9176/0.9202 
Support: 0.9112/0.9090/0.9069 
 
INTRA-DAY USD/JPY OUTOOK - +152.10+
Update Time: 10 Feb 2025 11:48GMT
Intra-day rally on Trump's tariffs threats sug-
gests recent decline has made a temporary bottom at
Fri's near 2-month 150.94 trough n abv 152.41 res
yields stronger retrace. to 152.70 (50% r of 154.46
-150.94), abv, 152.90, 153.20/30 shud hold today.

Trade fm long side for 152.65 n only below 151.
60/65 risks 151.25 (NZ), break, 150.94 again.

Rate: +152.10+ 
Strategy: +Stop profit+ 
Position: Long at 151.20 
Objective:  
Stop-Loss: +152.10+ 
Resistance: 152.90/153.20/153.56 
Support: 152.20/152.00/151.78 
 
DAILY AUD/JPY CROSS OUTLOOK - +94.90+
Update Time: 07 Feb 2025 17:11GMT
Intra-day break of 94.98 (Thur) signals re-test
of Mon's 4-1/2 month 94.63 low wud be seen, break
extends fall fm 102.40 (Nov) to 94.15/20, 93.85/90.

Trade fm short side for +93.90+ next as only abv
96.00/05 risks retracement back to 96.25/30.

Rate: +94.90+ 
Strategy: +Stop profit+ 
Position: Short at 96.20 
Objective:  
Stop-Loss: +94.90+ 
Resistance: 95.29/95.68/96.01 
Support: 94.50/94.17/93.89 
 
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