EUR/USD
Trend Theme：EUR/USD trades with mild gains above 1.0800, eyes on US/Eurozone GDP, German inflation data
Trend Review：The EUR/USD pair recovers to around 1.0820 during the early Asian session on Wednesday. The upside for the major pair remains limited amid ongoing uncertainty ahead of the US presidential election and anticipation of key US data releases.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 1.0833 * | 1.0853 ** | 1.0878*** |
| 1.0807 | Support* | 1.0807* | 1.0787** | 1.0762*** |
Weekly forecast：
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USD/JPY
Trend Theme：USD/JPY is testing 153.90 high ahead of US labour data
Trend Review：The US Dollar has resumed its upside trend and is testing mid-term highs at 153.90. The uncertain political and monetary scenario in Japan is hammering the Yen. The broader bias is positive but a bearish divergence warns of a potential correction.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 154.01 * | 154.74 ** | 155.60 *** |
| 153.16 | Support* | 153.16* | 152.43** | 151.57 *** |
Weekly forecast：
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WTI
Trend Theme ： WTI remains subdued around $67.50, pares losses as US plans for SPR purchases
Trend Review：The Oil price plunges more than 5% as Israel didn’t attack Oil facilities in Iran over the weekend. Investors await the Q3 GDP data from the Eurozone and the US to get cues about the current status of global economic health. US Trump vowed to hike import tariffs by 60% on China.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 70.67 * | 73.48 ** | 75.40 *** |
| 68.74 | Support* | 65.93 * | 64.00 ** | 61.19 *** |
Weekly forecast：
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XAU/USD
Trend Theme：Gold resumes record rally, trades around $2,770.00
Trend Review：Gold extended its daily uptrend and reached a new record-high above $2,760 in the American session on Tuesday. The US Dollar stays under modest bearish pressure following the dismal employment-related data, fuelling XAU/USD’s rally.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 2751.68 * | 2760.89 ** | 2774.35 *** |
| 2738.22 | Support* | 2729.01 * | 2715.55 ** | 2706.34 *** |
Weekly forecast：
