EUR/USD
Trend Theme：EUR/USD: Further declines remain well in store
Trend Review： EUR/USD briefly tested fresh year-long lows on Thursday, piercing the 1.0500 handle for the first time in 54 weeks. A lack of meaningful EU data is doing very little to provide support for the Euro, and Fiber bids continue to tilt in favor of the safe haven US Dollar.
Today Advise：Neutral
Key Levels：
| PP | Resistance* | 1.0570* | 1.0619** | 1.0656*** |
| 1.0533 | Support* | 1.0484* | 1.0447** | 1.0398*** |
Weekly forecast：
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USD/JPY
Trend Theme：Japanese Yen sticks to intraday losses, hovers around 156.00 against USD
Trend Review：The Japanese Yen continues losing ground amid the BoJ rate-hike uncertainty. The bullish USD contributes to the USD/JPY pair’s move-up to a multi-month top. The JPY bears shrug off the possibility of an intervention by Japanese authorities.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 156.70* | 157.09** | 157.77*** |
| 156.02 | Support* | 155.63* | 154.95** | 154.55*** |
Weekly forecast：
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WTI
Trend Theme：Crude Oil in good shape to close off this Thursday in the green
Trend Review：Crude Oil remains facing pressure as the IEA report adds to the bearish outlook. The monthly report from the IEA had no change on the narrative for the 2025 outlook. The US Dollar Index sees rally fade after US PPI numbers came in a touch stronger than expected.
Today Advise：Sideways
Key Levels：
| PP | Resistance* | 69.16* | 69.93** | 70.62*** |
| 68.47 | Support* | 67.70* | 67.01** | 66.23*** |
Weekly forecast：
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XAU/USD
Trend Theme：Gold falls as Powell signals Fed’s patience on lowering rates
Trend Review：Gold recovers some ground on Thursday yet remains trading below its opening price for the fifth consecutive day, undermined by the Greenback’s advance for its own fifth consecutive day. A slightly hot inflation report in the US and solid jobs data sponsored XAU/USD’s leg down toward the 100-day SMA.
Today Advise：Sideways
Key Levels：
| PP | Resistance* | 2586.99* | 2606.58** | 2631.64*** |
| 2561.93 | Support* | 2542.34* | 2517.28** | 2497.69*** |
Weekly forecast：
