EUR/USD
Trend Theme：EUR/USD holds gains near 1.0750 as France’s far right leads first round of snap elections.
Trend Review：EUR/USD holds gains near 1.0750 in Asian trading on Monday. The Euro rises as French exit polls point to the far-right National Rally (RN) party winning the first round of snap elections. Meanwhile, the US Dollar stays offered on renewed Fed rate cut bets after soft US PCE inflation data.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 1.07514 * | 1.07537 ** | 1.07605 *** |
| 1.07469 | Support* | 1.07446 * | 1.07401 ** | 1.07333 *** |
Weekly forecast：
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USD/JPY
Trend Theme：USD/JPY trades with positive bias near 161.00, just below its highest level since 1986.
Trend Review：USD/JPY stands tall near a multi-decade high amid the big US-Japan rate differential. Intervention fears might hold back bulls from placing fresh bets around the major. Traders now look forward to the US ISM Manufacturing PMI for short-term impetus.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 161.005 * | 161.101 ** | 161.266 *** |
| 160.936 | Support* | 160.84 * | 160.771 ** | 160.606 *** |
Weekly forecast：
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WTI
Trend Theme：War risk premium outweighs the impact of increased US inventories, bulls may continue to “advance rapidly”.
Trend Review：Oil futures settled about $1 higher on Thursday as geopolitical pressures in the Middle East and Europe grew and markets worried about disruptions to global crude supplies, although an unexpected build in U.S. crude and gasoline inventories capped gains.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 81.57 * | 81.663 ** | 81.883 *** |
| 81.443 | Support* | 81.35 * | 81.223 ** | 81.003 *** |
Weekly forecast：
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XAU/USD
Trend Theme：Gold attracts some sellers below $2,350 ahead of US PMI data.
Trend Review：Gold price edges lower to $2,325 on Monday during the early Asian trading hours. The precious metal loses ground amid a continuation of the Federal Reserve’s cautious stance. Investors will keep an eye on the US June ISM PMI, which is expected to improve to 49.0 in June from 48.7 in May.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 2327.31 * | 2328.28 ** | 2329.87 *** |
| 2326.69 | Support* | 2325.72 * | 2325.1 ** | 2323.51 *** |
Weekly forecast：
