AUD/USD

Trend Theme:AUD/USD extends gains after rebounding from three-month lows.
Trend Review:The AUD/USD continues its upward momentum on Friday, recovering from a three-month low reached at 0.6508 on Thursday. The US Dollar faced downward pressure following mixed economic data from the United States. Moreover, the Aussie received support from improved PPI data.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 0.6599 * | 0.6624 ** | 0.6670 *** |
| 0.6554 | Support* | 0.6528 * | 0.6483 ** | 0.6457 *** |
Weekly forecast:

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USD/JPY
Trend Theme:Japanese Yen oscillates in a narrow band against USD, remains below two-week peak.
Trend Review:The Japanese Yen enters a bullish consolidation phase during the Asian session on Friday and oscillates in a narrow range just below a two-and-half-week high touched against its American counterpart the previous day.
Today Advise:Neutral
Key Levels:
| PP | Resistance* | 147.07 * | 147.81 ** | 148.39 *** |
| 146.48 | Support* | 145.74 * | 145.16 ** | 144.42 *** |
Weekly forecast:

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WTI

Trend Theme:Oil prices fell more than 2% in a week and a half to hit a new point as central banks cut interest rates.
Trend Review:Crude oil prices fell more than 2 percent on Thursday as concerns about Middle East supply persisted amid increased military operations in the Red Sea, while expectations of an OPEC+ meeting also kept traders cautious.
Today Advise:Bearish
Key Levels:
| PP | Resistance* | 75.87 * | 77.92 ** | 79.01 *** |
| 74.78 | Support* | 72.73 * | 71.64 ** | 69.59 *** |
Weekly forecast:

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XAU/USD

Trend Theme:Gold: Will solid US Nonfarm Payrolls trigger a XAU/USD correction?
Trend Review:Gold is taking a breather early Friday, having rallied 1% to hit fresh monthly highs at $2,065 on Thursday. A modest uptick in the US Dollar, tracking the US Treasury bond yields rebound, is acting as a headwind for XAU/USD price ahead of the highly-anticipated US NFP data release.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 2070.68 * | 2085.79 ** | 2106.08 *** |
| 2050.39 | Support* | 2035.28 * | 2014.99 ** | 1999.88 *** |
Weekly forecast:

