EUR/USD

Trend Theme:EUR/USD remains on the defensive below 1.0700, Fed Chair Powell’s speech in focus.
Trend Review:The EUR/USD pair lacks any firm intraday direction on Wednesday and oscillates in a narrow trading band, around the 1.0700 round-figure mark during the Asian session.
Today Advise:Bearish
Key Levels:
| PP | Resistance* | 1.0724 * | 1.0753 ** | 1.0783 *** |
| 1.0694 | Support* | 1.0665 * | 1.0635 ** | 1.0606 *** |
Weekly forecast:

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GBP/USD

Trend Theme:GBP/USD holds onto losses as it consolidates around 1.2300.
Trend Review:GBP/USD came under renewed bearish pressure and slumped toward 1.2250 on Tuesday. Later, as the US Dollar lost momentum, amid a reversal in Treasury yields and as stocks in Wall Street turned positive, the pair trimmed losses and climbed to the 1.2300 area.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 1.2342 * | 1.2391 ** | 1.2430 *** |
| 1.2302 | Support* | 1.2253 * | 1.2214 ** | 1.2165 *** |
Weekly forecast:

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WTI

Trend Theme:Demand concerns and a stronger dollar pushed oil prices down more than 4 percent to their lowest since July.
Trend Review:International crude oil futures settled sharply down more than 4 percent to their lowest level since late July after mixed Chinese economic data and rising OPEC exports eased concerns about market strains, as well as a stronger dollar.
Today Advise:Bearish
Key Levels:
| PP | Resistance* | 79.75 * | 82.19 ** | 83.52 *** |
| 78.42 | Support* | 75.99 * | 74.66 ** | 72.22 *** |
Weekly forecast:

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XAU/USD

Trend Theme:Gold loses ground near $1,970 as US Dollar rebounds.
Trend Review:Gold price continues to move on a downward trajectory due to the rebound in the US Dollar (USD). The price of Gold trades lower around $1,970 per troy ounce during the Asian session on Wednesday.
Today Advise:Neture
Key Levels:
| PP | Resistance* | 1979.62 * | 1990.27 ** | 2001.71 *** |
| 1968.18 | Support* | 1957.53 * | 1946.09 ** | 1935.44 *** |
Weekly forecast:

