EUR/USD

Trend Theme:EUR/USD consolidates in a range above 1.0700, remains close to multi-week top set on Monday.
Trend Review:The EUR/USD pair extends its sideways consolidative price move during the Asian session on Tuesday and trades below its highest level since September 13 touched the previous day. Spot prices, however, manage to hold above the 1.0700 mark and remain at the mercy of the US Dollar (USD) price dynamics.
Today Advise:Bearish
Key Levels:
| PP | Resistance* | 1.0745 * | 1.0770 ** | 1.0784 *** |
| 1.0731 | Support* | 1.0706 * | 1.0693 ** | 1.0668 *** |
Weekly forecast:

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USD/JPY

Trend Theme:Japanese Yen temporarily retreats as market mood improves.
Trend Review:The Japanese Yen weakens on Monday as the market mood turns upbeat. The BoJ gives mixed signals, saying it is normalizing on the one hand but then still easing. USD/JPY shows signs of weakness as the Federal Reserve is widely expected to keep rates unchanged, undermining USD.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 150.22 * | 150.43 ** | 150.86 *** |
| 149.78 | Support* | 149.57 * | 149.14 ** | 148.92 *** |
Weekly forecast:

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WTI

Trend Theme:Oil prices rebounded slightly as Saudi Arabia voluntarily cut additional oil supplies, but the market remains concerned about Europe’s macroeconomics.
Trend Review:oil prices edged higher as concerns about further interest rate hikes by the Federal Reserve eased, although expectations for several economic data this week kept traders nervous. Major suppliers Saudi Arabia and Russia said they would continue to cut production until the end of the year, signaling a tighter oil market that was also encouraged by the prospect of tighter supplies.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 81.65 * | 82.60 ** | 83.20 *** |
| 81.06 | Support* | 80.10 * | 79.51 ** | 78.56 *** |
Weekly forecast:

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XAU/USD

Trend Theme:Gold eyes triangle breakdown and Fedspeak.
Trend Review:Gold price is extending the previous decline toward $1,970 in early Tuesday, as the United States Dollar (USD) remains on a gradual recovery path amid a negative shift in risk sentiment. Traders await the return of the public appearances from the US Federal Reserve (Fed) policymakers for a fresh trading impetus.
Today Advise:Neture
Key Levels:
| PP | Resistance* | 1988.07 * | 1998.45 ** | 2003.73 *** |
| 1982.79 | Support* | 1972.41 * | 1967.13 ** | 1956.75 *** |
Weekly forecast:

