EUR/USD

Trend Theme:EUR/USD posts modest gains above 1.0850, all eyes on the US presidential election results
Trend Review:The EUR/USD pair trades with mild gains near 1.0880 during the early Asian session on Tuesday. The US Dollar edges lower as traders brace for the outcome of the US presidential election and a likely interest rate cut from the Federal Reserve, which supports some support for the major pair.
Today Advise:Bearish
Key Levels:
| PP | Resistance* | 1.0916* | 1.0956 ** | 1.0996*** |
| 1.0875 | Support* | 1.0835* | 1.0794** | 1.0754*** |
Weekly forecast:

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USD/JPY

Trend Theme:USD/JPY tumbles with USD, surrenders 152.00
Trend Review:USD/JPY remains heavy below 152.00 in Asian trading on Monday, as the US Dollar sees a steep sell-off on the rising odds of Kamala Harris winning the US presidential election due on Tuesday. The policy continuity is seen as USD-negative, dragging the pair alongside.
Today Advise:Bearish
Key Levels:
| PP | Resistance* | 152.91 * | 153.68 ** | 154.37 *** |
| 152.22 | Support* | 151.46* | 150.77** | 150.00 *** |
Weekly forecast:

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WTI

Trend Theme : Crude Oil steady around a 3% intraday gain after OPEC delayed its output normalization to 2025
Trend Review:Crude Oil has popped on Monday into the European session, surging above $71.00. The sharp move comes after OPEC+ has agreed to delay its 180,000 barrels production increase to December. The US Dollar Index is licking its wounds after Sunday polls show slight favor for Harris to win.
Today Advise:Sideways
Key Levels:
| PP | Resistance* | 72.28 * | 73.13 ** | 74.71 *** |
| 70.70 | Support* | 69.85 * | 68.27 ** | 67.41 *** |
Weekly forecast:

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XAU/USD

Trend Theme:Gold price hangs near one-week low; downside seems cushioned ahead of the US election
Trend Review:Gold price remains close to a one-week low set on Monday, though the downside seems limited amid safe-haven demand stemming from the US election uncertainty and talks of an Iranian retaliatory strike on Israel.
Today Advise:Bearish
Key Levels:
| PP | Resistance* | 2746.85 * | 2756.27 ** | 2764.28 *** |
| 2738.84 | Support* | 2729.42 * | 2721.41** | 2711.99 *** |
Weekly forecast:

