EUR/USD
Trend Theme：EUR/USD posts modest gains above 1.0950 ahead of Eurozone Industrial Production data.
Trend Review：EUR/USD posts modest gains, trading near 1.0953 during the early Asian session on Monday. The softer US Dollar and risk-on environment lend some support to the major pair. Due to the lack of top-tier US economic data, risk sentiment is anticipated to remain the primary driver of the major pair price movement.
Today Advise：Neutral
Key Levels：
| PP | Resistance* | 1.0980 * | 1.1009 ** | 1.1031 *** |
| 1.0958 | Support* | 1.0929 * | 1.0907 ** | 1.0878 *** |
Weekly forecast：
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USD/JPY
Trend Theme：USD/JPY holds above 145.00 despite weaker US Dollar.
Trend Review：The USD/JPY pair gained traction above the 145.00 mark during the early Asian session on Monday. The pair rebounds despite the decline of the US Dollar. The market is likely to have a quiet session amid the US bank holiday.
Today Advise：Neutral
Key Levels：
| PP | Resistance* | 145.53 * | 146.16 ** | 146.74 *** |
| 144.94 | Support* | 144.31 * | 143.72 ** | 143.09 *** |
Weekly forecast：
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WTI
Trend Theme：Oil prices surged in the face of rising geopolitical risks.
Trend Review：Oil prices on Friday, Brent crude oil once again rushed to the $80 mark, up more than 4% during the day, but the night session was almost completely back up the day’s gains, oil prices such a daily 4% return volatility seems to become the norm after the time into 2024, so that investors are very scratching their heads, continuous large sideways fluctuations make it difficult to control the rhythm.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 74.59 * | 76.34 ** | 77.39 *** |
| 73.54 | Support* | 71.79 * | 70.74 ** | 68.99 *** |
Weekly forecast：
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XAU/USD
Trend Theme：Gold flat-lines below $2,050, focus on geopolitical tensions.
Trend Review：Gold trades on a flat note during the early Asian session on Monday. Tthe uptick of the yellow metal is supported by the softer US Producer Price Index (PPI) data and rising geopolitical tensions in the Middle East. XAU/USD price is trading around $2,045, losing 0.01% on the day.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 2064.13 * | 2080.67 ** | 2099.00 *** |
| 2045.80 | Support* | 2029.26 * | 2010.93 ** | 1994.39 *** |
Weekly forecast：
