EUR/USD
Trend Theme：EUR/USD holds positive ground above 1.0750 ahead of Eurozone PMI, PPI data.
Trend Review：The EUR/USD trades in positive territory for the fourth consecutive day near 1.0765 on Monday during the early Asian trading hours. The softer US Dollar provides some support to the major pair.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 1.07688 * | 1.07715 ** | 1.07761 *** |
| 1.07669 | Support* | 1.07642 * | 1.07623 ** | 1.07577 *** |
Weekly forecast：
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USD/JPY
Trend Theme：USD/JPY snaps three-day losing streak above 153.50, Yellen counsels caution on currency intervention.
Trend Review：The USD/JPY pair snap a three-day losing streak during the Asian trading hours on Monday. The uptick of the pair is bolstered by the modest rebound of the US Dollar and US Treasury Secretary Janet Yellen’s comments on potential Japanese interventions last week.
Today Advise：Neutral
Key Levels：
| PP | Resistance* | 153.657 * | 153.739 ** | 153.981 *** |
| 153.497 | Support* | 153.415 * | 153.255 ** | 153.013 *** |
Weekly forecast：
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WTI
Trend Theme：OPEC+ may extend production cuts in June, three bullish factors will help oil prices rebound.
Trend Review：During the Asian session on May 6, international oil prices rebounded in shock, holding the key support of the 100-day moving average, as the market expected that OPEC+ may extend production cuts in June; in addition, Hamas reiterated its demand for an end to the war in exchange for the release of hostages on Sunday, while the Israeli Prime Minister Netanyahu categorically rejected this request, and the prospects for a ceasefire in Gaza seemed slim, which also provided support to oil prices; in addition, Saudi Arabia raised its official selling price for crude oil to Asia, northwest Europe and the Mediterranean in June.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 78.396 * | 78.596 ** | 78.981 *** |
| 78.211 | Support* | 78.011 * | 77.826 ** | 77.441 *** |
Weekly forecast：
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XAU/USD
Trend Theme：Gold holds below $2,300, Fedspeak eyed.
Trend Review：Gold price loses its recovery momentum around $2,295 on Monday during the early Asian session. Investors will keep an eye on Fedspeaks this week, along with the first reading of the US Michigan Consumer Sentiment Index for May on Friday.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 2309.33 * | 2314.4 ** | 2326.31 *** |
| 2302.49 | Support* | 2297.42 * | 2290.58 ** | 2278.67 *** |
Weekly forecast：
