EUR/USD
Trend Theme：EUR/USD continues to slump after ECB rate cut
Trend Review：
EUR/USD lost another one-third of one percent on Thursday.The ECB cut rates in-line with expectations, stripping support from underneath the Euro.US data blew the doors off market forecasts, further bolstering the Greenback.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 1.0867* | 1.0902** | 1.0929*** |
| 1.0839 | Support* | 1.0804* | 1.0776** | 1.0741*** |
Weekly forecast：
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USD/JPY
Trend Theme：USD/JPY weakens to near 150.00 after Japanese CPI inflation data
Trend Review：
USD/JPY softens to near 150.05 despite stronger USD in Friday’s Asian session. Japan’s CPI inflation drops from 3.0% to 2.5% in September. The upbeat US economic data strengthens the case for 25 bps Fed rate cuts.
Today Advise：Sideways
Key Levels：
| PP | Resistance* | 150.60* | 151.00** | 151.69*** |
| 149.92 | Support* | 149.52* | 148.84** | 148.44*** |
Weekly forecast：
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WTI
Trend Theme：Crude oil trading reminder: US crude oil inventories fell, oil prices stabilized and rebounded, but demand concerns still loomed in the market
Trend Review：
Crude oil futures edged higher on Friday, supported by an unexpected drop in U.S. oil inventories and rising tensions in the Middle East, but prices were set for their biggest weekly drop in more than a month amid concerns about falling demand.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 70.84* | 71.50** | 72.47*** |
| 69.87 | Support* | 69.21* | 68.24** | 67.59*** |
Weekly forecast：
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XAU/USD
Trend Theme：Gold trading reminder: The European Central Bank has also cut interest rates, the US election has boosted risk aversion, and gold prices have hit a new record high. Do bears still have a chance?
Trend Review：
In the early Asian session on Friday (October 18), spot gold fluctuated in a narrow range at a high level and is currently trading around $2,694.31 per ounce. Gold prices hit a record high of $2,696.63 per ounce on Thursday and closed at $2,692.75 per ounce, as uncertainty surrounding the U.S. presidential election and the war in the Middle East prompted investors to seek safe-haven assets, while the loose monetary policy environment kept gold prices high.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 2702.12* | 2711.22** | 2725.64*** |
| 2687.70 | Support* | 2678.60* | 2664.18** | 2655.08*** |
Weekly forecast：
