EUR/USD
Trend Theme：EUR/USD recovered ground on Wednesday, but hits ceiling post-FOMC.
Trend Review：EUR/USD launched higher on Wednesday, climbing after broad-market risk appetite surged following a cooler-than-expected print in US Consumer Price Index inflation, but a hawkish tilt to the Federal Reserve’s latest update to its dot plot of interest rate expectations crimped market sentiment to round out the day.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 1.27965 * | 1.28003 ** | 1.28061 *** |
| 1.27945 | Support* | 1.27907 * | 1.27887 ** | 1.27829 *** |
Weekly forecast：
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USD/JPY
Trend Theme：USD/JPY trades with positive bias, remains below 157.00 as focus shifts to BoJ meeting.
Trend Review：USD/JPY attracts some buyers on Thursday, albeit the uptick lacks follow-through. The Fed’s hawkish outlook overshadowed the softer US CPI and lends some support. Traders seem reluctant and look to the BoJ decision before placing directional bets.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 156.974 * | 157.052 ** | 157.204 *** |
| 156.9 | Support* | 156.822 * | 156.748 ** | 156.596 *** |
Weekly forecast：
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WTI
Trend Theme：Oil prices rise as Middle East tensions mount, but Fed dampens bullish sentiment.
Trend Review：Oil prices retreated on Wednesday as tensions in the Middle East continued to provide support. Oil prices rose nearly 2% earlier in the session to a nearly two-week high, but closed down most of the gains as the Federal Reserve’s statement after a two-day meeting suggested that it might not start cutting interest rates until December.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 77.941 * | 77.99 ** | 78.101 *** |
| 77.879 | Support* | 77.83 * | 77.768 ** | 77.657 *** |
Weekly forecast：
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XAU/USD
Trend Theme：Gold price extends overnight pullback from 50-day SMA amid reduced Fed rate cut bets.
Trend Review：Gold price attracts fresh sellers on Thursday and snaps a three-day winning streak. The Fed’s outlook of fewer rate cuts this year is seen weighing on the commodity. Traders now look to the US PPI and Initial Jobless Claims for short-term impetus.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 2316.87 * | 2318.4 ** | 2322.4 *** |
| 2314.4 | Support* | 2312.87 * | 2310.4 ** | 2306.4 *** |
Weekly forecast：
