EUR/USD

Trend Theme:EUR/USD falls back as US CPI inflation data prints above expectations
Trend Review:
EUR/USD tested lower on Thursday, finding the 200-day EMA.Euro data remains thin this week, leaving Fiber to churn on US data.Coming up on Friday: US PPI inflation, UoM consumer sentiment figures.
Today Advise:Sideways
Key Levels:
| PP | Resistance* | 1.0958* | 1.0984** | 1.1013*** |
| 1.0929 | Support* | 1.0903* | 1.0874** | 1.0848*** |
Weekly forecast:

————————————————————————————————-
AUD/USD

Trend Theme:AUD/USD rises on mixed US inflation, jobs data ahead of PPI
Trend Review:
AUD/USD rebounds after US inflation came in higher than expected, but a soft jobs report slowed the Greenback’s advance.US jobless claims rose to 258K, while Fed officials suggested more easing, with Atlanta Fed’s Bostic open to holding rates steady.Australian economic focus shifts to next week’s labor market data and a speech by RBA’s Sarah Hunter for further policy clues.
Today Advise:Bearish
Key Levels:
| PP | Resistance* | 0.6753* | 0.6768** | 0.6794*** |
| 0.6727 | Support* | 0.6711* | 0.6686** | 0.6670*** |
Weekly forecast:

————————————————————————————————-
WTI

Trend Theme:Crude oil trading reminder: Hurricane hits the United States + concerns about the Middle East intensify, oil prices climb nearly 4%
Trend Review:
In early Asian trading on Friday (October 11), international oil prices fluctuated in a narrow range, with U.S. crude oil currently trading at $75.62 per barrel. Oil prices surged nearly 4% on Thursday, helped by a surge in U.S. fuel use before Hurricane Milton swept through Florida, supply risks in the Middle East, and signs that energy demand in the United States and China may grow.
Today Advise:Sideways
Key Levels:
| PP | Resistance* | 76.18* | 77.34** | 79.06*** |
| 74.47 | Support* | 73.31* | 71.60** | 70.44*** |
Weekly forecast:

—————————————————————————————————
XAU/USD

Trend Theme:Gold trading reminder: Employment data is poor, expectations of a Fed rate cut are rising, and gold prices rebound after holding above 2,600
Trend Review:
Spot gold rose slightly in early Asian trading on Friday (October 11), and is currently trading at $2,633.76/ounce, up about 0.16%. Gold prices fluctuated higher on Thursday. When the US CPI data was released, gold prices once dropped to around $2,602/ounce, but the market soon noticed that the initial jobless claims data performed poorly, and the market’s expectations for the Fed’s November rate cut have increased. Gold prices quickly rebounded to above 2,620, and then fluctuated higher, closing at $2,629.97/ounce, up about 0.86%, ending the previous six trading days of correction.
Today Advise:Bearish
Key Levels:
| PP | Resistance* | 2639.80* | 2649.63** | 2667.77*** |
| 2621.66 | Support* | 2611.83* | 2593.69** | 2583.86*** |
Weekly forecast:

