EUR/USD

Trend Theme:EUR/USD extends upside above 1.0850, with all eyes on US NFP data
Trend Review:The EUR/USD pair extends the rally to 1.0885 during the early Asian session on Friday. The uptick of the major pair is bolstered by the weakening of the US Dollar. All eyes will be on the US Nonfarm Payrolls, which is due later on Friday.
Today Advise:Bearish
Key Levels:
| PP | Resistance* | 1.0882 * | 1.0908 ** | 1.0945*** |
| 1.0845 | Support* | 1.0819* | 1.0782** | 1.0756*** |
Weekly forecast:

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USD/JPY

Trend Theme:USD/JPY maintains its offered stance in the low-152.00s
Trend Review:USD/JPY could not sustain the earlier bull run to the 153.00 region, succumbing to the prevailing BoJ-induced appreciation of the Japanese yen and thus returning to the 152.30-152.40 band amidst lower US yields across the curve ahead of Friday’s US NFP.
Today Advise:Bearish
Key Levels:
| PP | Resistance* | 153.68 * | 153.95 ** | 154.40 *** |
| 153.23 | Support* | 152.96* | 152.51** | 152.24 *** |
Weekly forecast:

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WTI

Trend Theme : WTI remains below $69.00, upside potential appears due to US Oil demand
Trend Review:West Texas Intermediate Oil price dips slightly to around $68.70 during Thursday’s Asian trading hours. However, crude prices found support amid optimism surrounding US fuel demand after an unexpected decline in crude inventories.
Today Advise:Bearish
Key Levels:
| PP | Resistance* | 69.55 * | 70.19 ** | 71.40 *** |
| 68.34 | Support* | 67.70 * | 66.49 ** | 65.85 *** |
Weekly forecast:

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XAU/USD

Trend Theme:Gold retreated sharply, trades around $2,740
Trend Review:Prices of Gold trade markedly on the defensive on Thursday following a marginal uptick in the Greenback and declining US yields. Despite the daily pullback, the yellow metal is anticipated to remain bolstered by steady uncertainty pre-US election.
Today Advise:Bearish
Key Levels:
| PP | Resistance* | 2794.77 * | 2801.98 ** | 2813.93 *** |
| 2782.82 | Support* | 2775.61 * | 2763.66 ** | 2756.44 *** |
Weekly forecast:

