USD/JPY

Trend Theme:Japanese Yen remains vulnerable near multi-decade low against USD.
Trend Review:The Japanese Yen fails to lure buyers despite intervention fears and the risk-off impulse. The BoJ’s cautious outlook continues to undermine the JPY and lend support to USD/JPY. Reduced bets for a June Fed rate cut lift the USD to a multi-week top and act as a tailwind.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 151.87 * | 152.09 ** | 152.42 *** |
| 151.55 | Support* | 151.33 * | 151.01 ** | 150.78 *** |
Weekly forecast:

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AUD/USD

Trend Theme:AUD/USD recovers to 0.6500 despite cooling inflation, less hawkish RBA Minutes.
Trend Review:AUD/USD is recovering ground to near 0.6500 in the Asian session on Tuesday. The pair bounces despite Australia’s cooling inflation and not-so-hawkish RBA Minutes. The US Dollar paused the strong US ISM PMI-led rally, allowing the Aussie to find its feet.
Today Advise:Sideways
Key Levels:
| PP | Resistance* | 0.6525 * | 0.6561 ** | 0.6583 *** |
| 0.6503 | Support* | 0.6467 * | 0.6445 ** | 0.6409 *** |
Weekly forecast:

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WTI

Trend Theme:Oil prices surged to a five-month high, with multiple positive factors hidden behind them.
Trend Review:Crude oil prices rose to a five-month high on Monday on expectations that economic growth in the United States and China will boost demand, a survey showed a slight decline in OPEC oil production in March, and attacks on Russian refineries also increased supply pressure.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 84.32 * | 85.07 ** | 86.10 *** |
| 83.29 | Support* | 82.54 * | 81.51 ** | 80.76 *** |
Weekly forecast:

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XAU/USD

Trend Theme:Gold holds pullback near $2,050, focus shifts to US employment data.
Trend Review:Gold price is consolidating the previous rally to all-time highs of $2,266 in Asian hours on Tuesday. Gold price looks to the US jobs data for fresh hints on a potential Fed rate outlook, especially after strong US PMI data dialed down expectations of a June Fed rate cut.
Today Advise:Bearish
Key Levels:
| PP | Resistance* | 2268.83 * | 2285.85 ** | 2305.98 *** |
| 2248.70 | Support* | 2231.68 * | 2211.55 ** | 2194.53 *** |
Weekly forecast:

