Blog

Date - 10th, February, Monday, 2025
01 - Key News Insights
UBS, Citi hike their gold price forecasts:
- Citi and UBS increased their gold price targets, expecting the bull market to continue.
- UBS now predicts $3,000 per ounce within 12 months, up from $2,850.
German exports rise, industrial production falls:
- German Exports rose 2.9% in December, beating the expected 0.6% decline.
- Exports to EU countries increased 5.9%, while non-EU exports fell 0.5%.
Iran condemns new U.S. shipping-related sanctions:
- Iran criticized new U.S. shipping-related sanctions, calling them a barrier to legitimate trade.
- The U.S. sanctioned individuals and tankers involved in shipping Iranian crude to China.
BoC Governor: Trump’s Tariff Threat Already Affecting Economy:
- Bank of Canada Governor said U.S. policy shifts and Trump’s tariff threats are impacting businesses and households.
- Trump temporarily halted a 25% levy on imports from Canada and Mexico.
- If imposed, the tariffs could have led to recession and higher prices in both countries.
The Dollar Index (DXY)
- The DXY faces immediate resistance at 110.00. A break above this level could open the path toward 110.50.
- Investors are cautious ahead of the U.S Non Farm Payrolls data release, leading to limited movement in the DXY.
- The U.S. labor market remains strong, with the unemployment rate steady at 4.1% as of December. Economists expect an addition of 170,000 jobs in January.
EUR/USD.
- The pair struggles to rise and remains below 1.0400 on Friday.
- Investors are waiting for key US labor market data before making big moves.
- The US Dollar holds firm, limiting any recovery in EUR/USD.
GBP/USD
- The pair trades slightly above 1.2400, moving in a tight range.
- The US Dollar stays firm, limiting upside potential for GBP/USD.
- Investors are cautious ahead of the US Nonfarm Payrolls release.
USD/JPY
- The Japanese Yen remains under pressure against the US Dollar.
- Cautious remarks from the IMF contribute to JPY’s decline.
- The pair holds modest intraday losses in early European trading.
02 - Economic Calender

03 - Previous Day Performance

04 - Instructions/Guidelines for executing suggested trade
- Close your trades within 8-10 hours or before 6:30 PM UTC (midnight IST), regardless of profit/ loss.
- By chance, if you face losses in your “Primary Trade”, the “Alternative Call” is designed to recover those losses.
- That’s why, always place the “Alternative call” alongside the “Primary Call”.
- In case the “Alternative or Recovery Call” doesn’t get triggered the same day, a new call (or signal) will be provided the following day.
- Generally, the Global Market Outlook Report includes signals with a higher reward-to-risk ratio (from 2:1 and higher).
- Therefore, consider booking partial profits in steps as follows:
For example, if the reward is two times the risk (or 2:1), consider booking half (or 50%) of the profit when levels reach a 1:1 ratio, and maintain the remaining position.Then, when prices reach twice the risk (2:1), book the remaining 50% position.
To make this process seamless and smooth, consider placing two calls simultaneously with the same Stop-Loss (SL) and Entry-Level but different Target-Levels.
Note: These guidelines aim to optimize your trading strategy while managing risks effectively.
05 - Gold Analysis

Overview: Primary trend is bullish after the correction of 2840 price turned to bullish now prices become bullish but small correction could be expected till 2865 and then price may breach the previous high 2890.
Biasness: Gold price continues to attract safe-haven flows on the back of trade war fears. Fed rate cut bets and depressed US bond yields also support the XAU/USD pair.
Key Levels: R1- 2900 R2- 2920
S1- 2880 S2- 2860
Technical Analysis: RSI is above 50 heading up and 50 EMA bullish suggest strength in price but price should sustain 2855 with RSI should be above 50 so further bullishness is expected..
Data Releases: NO MAJOR DATA DUE FOR THE DAY.
Alternative Scenario: A sell opportunity may arise if the price approaches $2840, especially if any shifts in market sentiment or economic data cause gold to fall too quickly.
While writing the report, gold is trending at 2865.

06 - Crude Oil

Overview: The major trend of Oil is Bearish. On the 1 hour chart it has formed a descending triangle pattern breakout. Prices are expected to retest the trendline and then rise further to the resistance level at 72.00.
Biasness: Oil prices rose on Monday despite concerns that Trump’s new steel and aluminum tariffs could slow global growth and reduce energy demand.
Key Levels: R1: 72.000 R2: 72.50
S1: 70.00 S2: 69.50
Indicator: Oil prices are trading above the middle Bollinger Band at 70.95, indicating strength.
Data Release: There is no major data to impact oil prices today.
Alternative Scenario: If Oil breaches an immediate support mark of 70.00 and trade below the middle Bollinger band, then a short term bearish view can be expected.
While writing the report, Oil is trading at 71.25

07 - USD JPY

Overview: The USD/JPY pair is currently exhibiting a bullish primary trend. On the 4-hour chart, prices have tested the support at 150.98 after falling sharply multiple times. These are rejections which means prices are failing to breach the support which is a sign of reversal. Therefore bullishness is expected.
Biasness: The Japanese Yen is pressured by renewed worries about Trump’s trade tariffs. A modest USD strength provides a goodish lift to the USD/JPY pair on Monday while rising bets that the BoJ will hike rates again help limit deeper losses for the JPY.
Key Levels: R1: 152.69 R2: 153.10
S1: 150.98 S2: 150.62
Indicator: MACD line crossed the signal line from below. Traders should wait for the candles to close above middle Bollinger band to confirm bullishness.
Macro-Economic Factors: No major data coming today
Alternative Scenario: If prices breach the support at 150.98 then bearishness is expected.
While writing the report, the pair is trending at 152.33

08 - Disclaimer
- CFD trading involves substantial risk, and potential losses may exceed the initial investment.
- Signals and analysis are based on historical data, technical analysis, and market trends.
- Past performance does not guarantee future results; market conditions can change rapidly.
- Consider your risk tolerance and financial situation before engaging in CFD trading.
- Signals are for informational purposes only and not financial advice.
- Each trader is responsible for their decisions; trade at your own risk.
- The report does not consider individual financial situations or risk tolerances.
- Consult with financial professionals if uncertain about the risks involved.
- By accessing this report, you acknowledge and accept the terms of this disclaimer.
Safe trading,
Market Investopedia Ltd
