EUR/USD
Trend Theme：EUR/USD holds higher ground below 1.0800, Eurozone inflation eyed.
Trend Review：EUR/USD is holding its recovery but remains below 1.0800 early Wednesday. The pair draws support from a broadly weaker US Dollar even as Germany’s inflation cooled down and markets stay unnerved ahead of the Eurozone HICP release, US ADP jobs data and Powell’s speech.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 1.0791 * | 1.0812 ** | 1.0845 *** |
| 1.0758 | Support* | 1.0736 * | 1.0703 ** | 1.0682 *** |
Weekly forecast：
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USD/JPY
Trend Theme：Hovers around 151.50, almost flat amid intervention threats.
Trend Review：USD/JPY’s next move depends on the actions of the Fed, according to a BofA strategist. If the Fed cuts the USD/JPY could fall to 142; if not it could rally higher. Intervention is like “leaning against the wind” if the Fed decides not to cut, the market will press higher.
Today Advise：Sideways
Key Levels：
| PP | Resistance* | 151.75 * | 151.95 ** | 152.09 *** |
| 151.61 | Support* | 151.42 * | 151.27 ** | 151.08 *** |
Weekly forecast：
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WTI
Trend Theme：The war is starting again! Oil prices continued to climb to fresh more than five-month highs on rising concerns about supply threats.
Trend Review：Oil prices closed higher on Tuesday as Ukraine’s attack on Russian energy facilities and escalating conflict in the Middle East pushed Brent above $89 a barrel for the first time since October.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 85.54 * | 86.09 ** | 87.16 *** |
| 84.48 | Support* | 83.93 * | 82.86 ** | 82.31 *** |
Weekly forecast：
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XAU/USD
Trend Theme：Gold hits new peak amid rising Middle East tensions, high US yields.
Trend Review：Gold price rises to new all-time highs of $2,288 early in Asian trading on Wednesday amid geopolitical risks and softer US Treasury bond yields. Economic data from the United States prompted investors a flight to safe-haven assets, sending the yellow metal higher.
Today Advise：Sideways
Key Levels：
| PP | Resistance* | 2292.77 * | 2304.27 ** | 2327.25 *** |
| 2269.79 | Support* | 2258.29 * | 2235.31 ** | 2223.81 *** |
Weekly forecast：
