USD/JPY
Trend Theme：USD/JPY keeps losses near 147.50 amid pre-Fed caution trading.
Trend Review：USD/JPY is consolidating losses near 147.50 in Asian trading on Wednesday. Markets stay cautious ahead of the critical Fed policy announcements, underpinning the safe-haven Yen, despite the dovish BoJ outlook and weak Japanese data. The US Dollar holds steady, as Treasury yields weaken.
Today Advise：Neutral
Key Levels：
| PP | Resistance* | 148.00 * | 148.38 ** | 148.83 *** |
| 147.55 | Support* | 147.17 * | 146.72 ** | 146.34 *** |
Weekly forecast：
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AUD/USD
Trend Theme：AUD/USD extends losses below 0.6600 after Aussie CPI, China’s PMI data.
Trend Review：AUD/USD is extending losses below 0.6600 early Wednesday after mixed China’s NBS PMI data and added to the downside, exacerbated by softer Australian inflation data. The CPI reaffirmed market expectations that the RBA rate-hiking cycle is over, The Fed verdict is next in focus.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 0.6626 * | 0.6650 ** | 0.6675 *** |
| 0.6600 | Support* | 0.6576 * | 0.6551 ** | 0.6527 *** |
Weekly forecast：
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WTI
Trend Theme：The 200-day moving average has recovered amid upbeat global growth expectations and escalating tensions in the Middle East.
Trend Review：Higher global growth forecasts and escalating tensions in the Middle East offset concerns about crude demand on Tuesday.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 78.59 * | 79.44 ** | 80.83 *** |
| 77.20 | Support* | 76.35 * | 74.96 ** | 74.11 *** |
Weekly forecast：
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XAU/USD
Trend Theme：Gold struggles above $2,030, as focus shifts to Fed.
Trend Review：Gold price is struggling for traction above $2,030 in Wednesday’s Asian session. The US Dollar is finding its feet amid a risk-off mood, despite falling US Treasury bond yields. All eyes now remain on the Fed’s decision for a fresh direction on the non-yielding Gold price.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 2046.76 * | 2057.45 ** | 2066.26 *** |
| 2037.95 | Support* | 2027.26 * | 2018.45 ** | 2007.76 *** |
Weekly forecast：
