EUR/USD

Trend Theme:EUR/USD attracts some buyers to the mid-1.0900s, investors await Eurozone Retail Sales data.
Trend Review:The EUR/USD pair attracts some buyers during the early Asian session on Monday. The major pair bounces off the multi-week lows of 1.0876 and hovers around 1.0948, up 0.09% on the day.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 1.0999 * | 1.1060 ** | 1.1121 *** |
| 1.0938 | Support* | 1.0878 * | 1.0817 ** | 1.0756 *** |
Weekly forecast:

————————————————————————————————-
GBP/USD

Trend Theme:GBP/USD climbs above 1.2700 as USD selloff continues.
Trend Review:GBP/USD extended the rally in the American session and advanced beyond 1.2700. After gathering strength with the initial reaction to the December jobs report, the USD came under heavy selling pressure on improving risk mood and weak ISM Services PMI reading.
Today Advise:Bearish
Key Levels:
| PP | Resistance* | 1.2790 * | 1.2861 ** | 1.2950 *** |
| 1.2701 | Support* | 1.2631 * | 1.2541 ** | 1.2471 *** |
Weekly forecast:

—————————————————————————————————
WTI

Trend Theme:Oil prices were relatively strong when commodities as a whole were weak.
Trend Review:Oil prices rose in the first week of the New Year, with WTI closing at $73.81 / barrel, up more than 3.01% for the week. However, the volatility of oil prices during this period can be described as moving, the amplitude of up to 4% for many consecutive days, and the frequent return of oil prices under the influence of multiple factors, so that investors are tired of fighting.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 74.71 * | 75.48 ** | 76.68 *** |
| 73.50 | Support* | 72.73 * | 71.52 ** | 70.75 *** |
Weekly forecast:

—————————————————————————————————
XAU/USD

Trend Theme:Gold posts modest gains below the mid-$2050s, focus on US inflation data.
Trend Review:Gold price holds positive ground and gains ground near $2,045 despite the recovery of USD, during the early Asian session on Monday. The stronger-than-expected US labor data on Friday has boosted Greenback demand. Nonetheless, this week’s inflation data will be very important.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 2063.71 * | 2083.71 ** | 2103.35 *** |
| 2044.07 | Support* | 2024.07 * | 2004.43 ** | 1984.43 *** |
Weekly forecast:

