GBP/USD
Trend Theme：GBP/USD holds to gains above 1.2250.
Trend Review：GBP/USD rose from the 20-day SMA to 1.2280 on Monday. Ahead of the Asian session, it is consolidating around 1.2275 as the US Dollar stays weak. Attention shifts toward UK employment figures and the key US CPI data due on Tuesday.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 1.2300 * | 1.2324 ** | 1.2367 *** |
| 1.2257 | Support* | 1.2233 * | 1.2190 ** | 1.2166 *** |
Weekly forecast：
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USD/JPY
Trend Theme：USD/JPY extends its upside above the mid-151.00s, eyes on US CPI, Japanese GDP data.
Trend Review：The USD/JPY pair trades in positive territory for the sixth consecutive day during the Asian trading hours on Monday. The uptick of the pair is bolstered by the higher US Treasury bond yield and the hawkish comments from Federal Reserve (Fed) Chair Jerome Powell. The pair currently trades around 151.70, gaining 0.10% on the day.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 151.97 * | 152.29 ** | 152.67 *** |
| 151.59 | Support* | 151.27 * | 150.89 ** | 150.57 *** |
Weekly forecast：
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WTI
Trend Theme：Oil prices rebound to halt three consecutive weeks of decline, focus on IEA monthly report and US CPI data.
Trend Review：Crude oil prices rebounded as traders awaited industry reports this week to confirm whether recent losses were overdone. Analysts at Goldman Sachs Group Inc said renewed demand concerns drove the sell-off, but consumption remained strong throughout the year and could continue that momentum in 2024.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 79.21 * | 79.97 ** | 81.48 *** |
| 77.71 | Support* | 76.95 * | 75.44 ** | 74.68 *** |
Weekly forecast：
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XAU/USD
Trend Theme：Gold attracts some buyers above $1,940, investors await the US CPI data.
Trend Review：Gold price attracts some buyers and trades around $1,946 during the early Asian trading hours on Tuesday. The uptick of the precious metal is supported by the softer US Dollar and a decline in US Treasury bond yields. Investors await the US CPI data for October for fresh impetus.
Today Advise：Neture
Key Levels：
| PP | Resistance* | 1953.44 * | 1960.15 ** | 1971.04 *** |
| 1942.55 | Support* | 1935.84 * | 1924.95 ** | 1918.24 *** |
Weekly forecast：
