EUR/USD
Trend Theme：EUR/USD falls toward 1.0900 due to dovish sentiment surrounding the ECB
Trend Review：
EUR/USD receives downward pressure as the ECB is widely expected to deliver a 25 basis point rate cut on Thursday.Rising Middle-East tensions put pressure on the risk-sensitive Euro.The US Dollar gains ground as the Fed is projected to slow the pace of borrowing cost reductions.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 1.0952* | 1.0967** | 1.0980*** |
| 1.0939 | Support* | 1.0924* | 1.0911** | 1.0897*** |
Weekly forecast：
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USD/JPY
Trend Theme：USD/JPY Price Forecast: Consolidates within the 148.00-149.50 range
Trend Review：
USD/JPY edges higher, trading within a range of 148.00-149.50 as US 10-year yields rise to 4.104%.Momentum favors buyers, with a break above 149.50, exposing the key 150.00 level and resistance at the 200/100-DMA confluence at 151.20/21.A drop below 149.00 could lead to a pullback toward the October 8 swing low of 147.35.
Today Advise：Sideways
Key Levels：
| PP | Resistance* | 149.49* | 149.83** | 150.37*** |
| 148.95 | Support* | 148.61* | 148.06** | 147.72*** |
Weekly forecast：
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WTI
Trend Theme：Gold trading reminder: PPI data strengthens expectations of rate cuts, will bulls regain their momentum? Beware of strong dollar suppression
Trend Review：
In the early Asian session on Monday (October 14), spot gold fluctuated and weakened, currently trading around $2,647.18 per ounce. Although the US inflation data consolidated the prospect of a rate cut next month, the US PPI data also suggested that the inflation outlook remained favorable, raising the Fed’s expectations for a rate cut in November. Gold prices rose by more than 1% on Friday, closing at $2,657.02 per ounce. At the same time, the safe-haven demand caused by geopolitical tensions in the Middle East also boosted gold. However, the US dollar index continued to rebound and is currently holding near a two-month high, which has made gold bulls cautious.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 75.58* | 76.23** | 77.03*** |
| 74.77 | Support* | 74.12* | 73.32** | 72.67*** |
Weekly forecast：
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XAU/USD
Trend Theme：Gold Price Forecast: XAU/USD drifts lower to near $2,650, potential downside seems limited
Trend Review：
Gold price loses momentum to around $2,650 in Monday’s early Asian session. Weaker Chinese economic data undermine the Gold price. The US PPI report and Middle East geopolitical risks could support the yellow metal.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 2669.79* | 2682.29** | 2703.08*** |
| 2649.00 | Support* | 2636.50* | 2615.71** | 2603.21*** |
Weekly forecast：
