GBP/USD
Trend Theme：GBP/USD climbs above 1.2500, with bulls targeting 200-DMA.
Trend Review：The Pound Sterling advanced sharply against the US Dollar in early trading during Monday’s North American session after hitting a daily low of 1.2474. Rumors of an intervention by Japanese authorities to propel the Japanese Yen (JPY) weighed on the Greenback, which is tumbling against most G8 FX currencies. Therefore, the GBP/USD trades at 1.2534, gaining 0.36%.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 1.25571 * | 1.25585 ** | 1.25628 *** |
| 1.25542 | Support* | 1.25528 * | 1.25499 ** | 1.25456 *** |
Weekly forecast：
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USD/CAD
Trend Theme：USD/CAD posts modest gains above 1.3650 ahead of Canadian GDP data.
Trend Review：The USD/CAD pair posts modest gains around 1.3665 on Tuesday during the early Asian trading hours. A modest rebound of the US Dollar provide some support to the pair. Meanwhile, the decline in oil prices weighs on the commodity-linked Loonie.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 1.36752 * | 1.36774 ** | 1.36813 *** |
| 1.36735 | Support* | 1.36713 * | 1.36696 ** | 1.36657 *** |
Weekly forecast：
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WTI
Trend Theme：Two major negative pressures have put pressure on oil prices, and oil prices may test the support of the 55-day moving average.
Trend Review：Oil prices fell more than $1 on Monday. The ceasefire negotiations between Israel and Hamas in Cairo eased concerns about the expansion of conflicts in the Middle East, while U.S. inflation data hit the prospect of an imminent interest rate cut. Short-term oil prices faced further downside risks, and U.S. crude oil may test The 55-day moving average is supported near 81.43.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 82.333 * | 82.369 ** | 82.441 *** |
| 82.297 | Support* | 82.153 * | 82.225 ** | 82.261 *** |
Weekly forecast：
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XAU/USD
Trend Theme：Gold prices soften as traders gear up for Fed monetary policy decision.
Trend Review：Gold price snaps two days of gains, yet it remains within familiar levels, with traders bracing for the US Fed’s monetary policy decision on May 1. The XAU/USD retreats below the daily open and trades at $2,334, down 0.11%, courtesy of an improvement in risk appetite.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 2333.86 * | 2336.62 ** | 2341.57 *** |
| 2326.7 | Support* | 2321.77 * | 2326.72 ** | 2328.91 *** |
Weekly forecast：
