EUR/USD
Trend Theme：EUR/USD slips further back on Thursday as rate cut hopes dry up.
Trend Review：EUR/USD headed lower on Thursday, driven closer to the 1.0800 handle after an unexpected upswing in US Services PMI figures sparked renewed fears of fewer Fed rate cuts. This sent investors into the safe-haven US Dollar and deflated the Euro despite better-than-expected HCOB PMI figures earlier in the day.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 1.08138 * | 1.08158 ** | 1.08209 *** |
| 1.08107 | Support* | 1.08087 * | 1.08056 ** | 1.08005 *** |
Weekly forecast：
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AUD/USD
Trend Theme：Australian Dollar extends losses due to risk aversion after stronger US PMI.
Trend Review：The Australian Dollar (AUD) continues its losing streak for the fourth successive session on Friday, possibly driven by risk aversion. The AUD/USD pair experiences downside as the US Dollar (USD) advances on hawkish sentiment surrounding the Federal Reserve (Fed) of maintaining higher policy rates for an extended period.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 0.66056 * | 0.66095 ** | 0.66184 *** |
| 0.66006 | Support* | 0.65967 * | 0.65917 ** | 0.65828 *** |
Weekly forecast：
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WTI
Trend Theme：Worried about U.S. interest rate hikes, oil prices fell for four consecutive months to a new low in nearly three months.
Trend Review：Oil prices fell for a fourth straight day on Thursday on worries that U.S. borrowing costs could rise again if inflation surges, which could hurt oil demand.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 76.861 * | 76.915 ** | 77.045 *** |
| 76.785 | Support* | 76.731 * | 76.655 ** | 76.525 *** |
Weekly forecast：
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XAU/USD
Trend Theme：Gold price remains on the defensive on hawkish Fed.
Trend Review：Gold price edges lower to a two-week low on Friday amid renewed US Dollar demand. The diminishing bets of a rate cut in September from the US Fed exert some selling pressure on the precious metal. Nonetheless, the safe-haven flows amid the rising geopolitical tensions in the Middle East might lift the gold price.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 2334.43 * | 2336.87 ** | 2343.23 *** |
| 2330.51 | Support* | 2328.07 * | 2324.15 ** | 2317.79 *** |
Weekly forecast：
