GBP/USD

Trend Theme:GBP/USD reclaims 1.30 as markets tilt further into rate cut hopes.
Trend Review:GBP/USD inched further into fresh highs, testing chart territory north of the 1.3000 handle on Wednesday. Broad-market hopes of a rate cut from the Federal Reserve in September kept the Greenback underbid and gave the Pound Sterling a leg up in the mid-week market session.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 1.30046 * | 1.30068 ** | 1.30115 *** |
| 1.30021 | Support* | 1.29999 * | 1.29974 ** | 1.29927 *** |
Weekly forecast:

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AUD/USD

Trend Theme:AUD/USD jumps toward 0.6750 after mostly upbeat Aussie jobs data.
Trend Review:AUD/USD is picking up fresh toward 0.6750 in Asian trading on Thursday, The pair draws support from mostly upbeat Australian employment data for June, which fan RAB rate hike bets. Meanwhile, the US Dollar remains depressed amid Fed rate cut bets, capping the pair’s downside.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 0.67234 * | 0.67264 ** | 0.67338 *** |
| 0.6719 | Support* | 0.6716 * | 0.67116 ** | 0.67042 *** |
Weekly forecast:

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WTI

Trend Theme:U.S. crude oil inventories fell far more than expected + the dollar fell sharply, oil prices rose by more than 2%
Trend Review:Oil prices climbed more than 2% on Wednesday, their biggest gain in nearly a month, as a bigger-than-expected drop in U.S. crude inventories last week and a weaker dollar overshadowed signs of slowing economic growth in the Asian giant.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 82.266 * | 82.416 ** | 82.752 *** |
| 82.08 | Support* | 81.93 * | 81.744 ** | 81.408 *** |
Weekly forecast:

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XAU/USD

Trend Theme:Gold price stays supported at $2,450 amid risk aversion, Fed easing bets.
Trend Review:Gold price sees some fresh buying interest above $2,450 in the Asian session on Thursday, stalling a retracement from a fresh record high. Gold price cheers broad risk aversion and heightened Fed easing expectations ahead of mid-tier US data and more Fedspeak.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 2465.78 * | 2468.18 ** | 2474.7 *** |
| 2461.66 | Support* | 2459.26 * | 2455.14 ** | 2448.62 *** |
Weekly forecast:

