EUR/USD

Trend Theme:EUR/USD attracts some sellers around 1.0550 ahead of the German GDP, CPI data.
Trend Review:The EUR/USD pair posts losses during the early Asian trading hours on Monday. In the busy week in terms of economic data release, traders will take cues from the German growth number and Eurozone GDP and inflation data ahead of the highly-anticipated Federal Reserve (Fed) meeting on Wednesday.
Today Advise:Bearish
Key Levels:
| PP | Resistance* | 1.0596 * | 1.0627 ** | 1.0658 *** |
| 1.0566 | Support* | 1.0534 * | 1.0504 ** | 1.0473 *** |
Weekly forecast:

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USD/JPY

Trend Theme:USD/JPY dips below 150.00 amid rising Tokyo inflation, while US core PCE remains unchanged.
Trend Review:USD/JPY drops from daily high of 150.41 to 149.70s, down 0.40%, amid strengthening Yen. US core PCE for September at 3.7% YoY, with general inflation at 3.4%, both in line with estimates. Tokyo’s core inflation rose to 2.7% YoY, exceeding forecasts of 2.5%, while headline data rose above 3.3% YoY, above September’s 2.8%.
Today Advise:Neutral
Key Levels:
| PP | Resistance* | 150.22 * | 150.80 ** | 151.18 *** |
| 149.84 | Support* | 149.26 * | 148.88 ** | 148.30 *** |
Weekly forecast:

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WTI

Trend Theme:Oil passes the $84.00 as US military strikes on Iranian targets in Syria.
Trend Review:Western Texas Intermediate (WTI) trades higher near $84.10 per barrel during the Asian session on Friday. The rebound in crude oil prices follows the United States (US) military strikes on Iranian targets in Syria, heightening concerns of an escalation in the Israel-Hamas conflict.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 85.99 * | 87.13 ** | 88.70 *** |
| 84.41 | Support* | 83.27 * | 81.70 ** | 80.56 *** |
Weekly forecast:

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XAU/USD

Trend Theme:Gold gains momentum above $2,000 amid the geopolitical risks.
Trend Review:Gold Price (XAU/USD) gains momentum to the $2,003 psychological mark during the early Asian trading hours on Monday. The yellow metal rose above the $2,000 psychological round mark for the first time since May as the elevated geopolitical tensions boosted the safe-haven flows demand.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 2018.48 * | 2030.28 ** | 2051.07 *** |
| 1997.69 | Support* | 1985.89 * | 1965.10 ** | 1953.30 *** |
Weekly forecast:

