EUR/USD

Trend Theme:EUR/USD gains ground below the 1.0800 mark, investors await FOMC Minutes.
Trend Review:The EUR/USD pair trades on a stronger note below the 1.0800 psychological barrier during the early Asian trading hours on Monday. Investors await the FOMC Minutes and Eurozone PMI data this week for fresh impetus.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 1.0799 * | 1.0821 ** | 1.0854 *** |
| 1.0765 | Support* | 1.0743 * | 1.0710 ** | 1.0688 *** |
Weekly forecast:

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GBP/USD

Trend Theme:GBP/USD rebounds from session lows, trades below 1.2600.
Trend Review:GBP/USD erased a large portion of its daily losses after dropping to 1.2550 following the stronger-than-forecast US producer inflation data. With markets turning cautious in the American session, however, the pair struggles to reclaim 1.2600.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 1.2633 * | 1.2666 ** | 1.2707 *** |
| 1.2592 | Support* | 1.2559 * | 1.2518 ** | 1.2486 *** |
Weekly forecast:

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WTI

Trend Theme:Oil prices fell slightly in light early trading on a public holiday in the United States as markets awaited more signals.
Trend Review:Oil prices fell slightly in early trading on Monday as the market digested comments from Federal Reserve officials that they were more patient about possible interest rate cuts, in light early trading on a U.S. public holiday. Analysts at CBA said in a research note that crude oil should give up gains in the coming weeks.
Today Advise:Bearish
Key Levels:
| PP | Resistance* | 78.91 * | 79.61 ** | 80.74 *** |
| 77.77 | Support* | 77.07 * | 75.93 ** | 75.24 *** |
Weekly forecast:

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XAU/USD

Trend Theme:Gold tests $2,020 on the road to recovery.
Trend Review:Gold price is advancing to test $2,020 in the Asian session on Monday. Gold price extends its recovery, as the US Dollar tracks the US Treasury bond yields lower amid a risk-on mood and fading expectations of a dovish Fed policy pivot until June. All eyes now remain on Wednesday’s Fed Minutes.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 2019.76 * | 2027.52 ** | 2039.83 *** |
| 2007.45 | Support* | 1999.69 * | 1987.38 ** | 1979.62 *** |
Weekly forecast:

