EUR/USD
Trend Theme：EUR/USD holds gains above 1.0800 amid a quiet start to the week.
Trend Review：EUR/USD is holding its bounce above 1.0800 in the Asian trading hours on Monday. The US Dollar pulls back following the previous week’s upsurge, helping the pair stay afloat amid a mixed market sentiment. US Dollar and Fedspeak stay in focus.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 1.0850 * | 1.0892 ** | 1.0916 *** |
| 1.0826 | Support* | 1.0784 * | 1.0760 ** | 1.0718 *** |
Weekly forecast：
————————————————————————————————-
AUD/USD
Trend Theme：AUD/USD rises toward 0.6550 on stronger Yuan fix, US Dollar retreat.
Trend Review：AUD/USD is extending gains toward 0.6550 in the Asian session on Monday. The pair attracts fresh bids on a stronger-than-expected Chinese Yuan fix by the PBOC. A broad US Dollar retreat also adds to the Aussie’s upside ahead of mid-tier US economic data.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 0.6558 * | 0.6601 ** | 0.6624 *** |
| 0.6534 | Support* | 0.6491 * | 0.6467 ** | 0.6424 *** |
Weekly forecast：
—————————————————————————————————
WTI
Trend Theme：Geopolitical storm roils oil market! Analysts warned of another blow to global supplies.
Trend Review：Escalating geopolitical tensions, conflicts in the Middle East and between Russia and Ukraine have caused oil prices to rise, and a decline in the active rig count in the United States has added to supply pressures. Analysts warned that global supplies could be hit again.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 81.25 * | 81.81 ** | 82.28 *** |
| 80.79 | Support* | 80.23 * | 79.76 ** | 79.21 *** |
Weekly forecast：
—————————————————————————————————
XAU/USD
Trend Theme：Gold posts modest gains above the mid-$2,100s amid geopolitical tension risks.
Trend Review：Gold price holds above the mid-$2,100s during the early Asian trading hours on Monday. The recovery of the yellow metal is bolstered by the higher possibility that the US Federal Reserve could start cutting rates later this year.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 2181.99 * | 2198.57 ** | 2210.98 *** |
| 2169.58 | Support* | 2153.00 * | 2140.59 ** | 2124.01 *** |
Weekly forecast：
