EUR/USD
Trend Theme：EUR/USD holds above 1.0700 on weaker US Dollar, upbeat Eurozone PMI.
Trend Review：EUR/USD holds above the 1.0700 psychological barrier during the early Asian session on Wednesday. The weaker-than-expected US PMI data for April drags the Greenback lower and creates a tailwind for the pair.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 1.07013 * | 1.06976 ** | 1.06917 *** |
| 1.07035 | Support* | 1.07072 * | 1.07094 ** | 1.07153 *** |
Weekly forecast：
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GBP/USD
Trend Theme：GBP/USD posts modest gains above 1.2450, BoE policymaker dampens hopes of summer rates cut.
Trend Review：The GBP/USD pair recovers to 1.2450 on Wednesday during the early Asian session. The downbeat US April PMI data and increasing appetite for the risk-linked space exert some selling pressure on the US Dollar. Later in the day, the US Durable Goods Orders and weekly Mortgage Applications will be released.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 1.24487 * | 1.24456 ** | 1.24396 *** |
| 1.24516 | Support* | 1.24487 * | 1.24576 ** | 1.24636 *** |
Weekly forecast：
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WTI
Trend Theme：API stocks fall + falling dollar drives oil prices higher, watch EIA data.
Trend Review：Oil prices rose by more than $1 on Tuesday as the U.S. dollar index fell to its lowest in more than a week and investors shifted their attention from geopolitical issues in the Middle East to global economic conditions. In addition, a sharp decline in API crude oil inventories also provided support for oil prices.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 83.343 * | 83.313 ** | 83.253 *** |
| 83.373 | Support* | 83.403 * | 83.433 ** | 83.493 *** |
Weekly forecast：
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XAU/USD
Trend Theme：Gold price cautious despite weaker US Dollar and falling US yields.
Trend Review：Gold retreats modestly after failing to sustain gains despite fall in US Treasury yields, weaker US Dollar. XAU/USD struggles to capitalize following release of weaker-than-expected S&P Global PMIs, fueling speculation about potential Fed rate cuts.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 2322.02 * | 2324.29 ** | 2325.92 *** |
| 2322.66 | Support* | 2370.96 * | 2321.03 ** | 2319.4 *** |
Weekly forecast：
