EUR/USD
Trend Theme：EUR/USD consolidates around mid-1.0800s, eyes final Eurozone CPI print for fresh impetus.
Trend Review：EUR/USD struggles to gain any meaningful traction and oscillates in a range on Friday. Bets that the Fed is done hiking rates keep the USD depressed and act as a tailwind. Dovish ECB expectations keep a lid on any meaningful appreciating move for the pair.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 1.0885 * | 1.0923 ** | 1.0950 *** |
| 1.0857 | Support* | 1.0819 * | 1.0792 ** | 1.0754 *** |
Weekly forecast：
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USD/JPY
Trend Theme：USD/JPY trades with modest intraday losses around mid-150.00s, lacks follow-through selling.
Trend Review：The USD/JPY pair edges lower for the second straight day on Friday and trades around the 150.60 area during the Asian session, down less than 0.10% for the day and above the previous day’s swing low. The BoJ’s dovish stance could undermine the JPY and help limit any further losses.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 151.35 * | 151.96 ** | 152.49 *** |
| 150.82 | Support* | 150.21 * | 149.68 ** | 149.06 *** |
Weekly forecast：
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WTI
Trend Theme：Due to dual pressures on both supply and demand, oil prices plunged more than 4% to a new low in more than four months.
Trend Review：Oil prices closed lower on Thursday, with international crude oil futures settlement prices closing sharply down by more than 4% as signs of rising U.S. crude oil inventories and slowing demand from various countries suppressed market sentiment.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 75.77 * | 78.48 ** | 80.17 *** |
| 74.08 | Support* | 71.36 * | 69.67 ** | 66.95 *** |
Weekly forecast：
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XAU/USD
Trend Theme：Gold gains traction below $2,000, US housing data eyed.
Trend Review：Gold extends its rally during the early Asian trading session on Friday. The uptick of the precious metal is bolstered by the fall in US Treasury bond yields. The XAU/USD price is trading near $1,982, up 0.06% on the day.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 1993.77 * | 2006.62 ** | 2025.23 *** |
| 1975.16 | Support* | 1962.31 * | 1943.70 ** | 1930.85 *** |
Weekly forecast：
