USD/CAD
Trend Theme：USD/CAD appreciates to near 1.3650 due to a downward correction in Oil prices.
Trend Review：USD/CAD edges higher for the second consecutive day, trading around 1.3650 during the Asian hours on Wednesday. The emergence of risk aversion drives investors toward the US Dollar, underpinning the pair.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 1.36555 * | 1.36591 ** | 1.36652 *** |
| 1.3653 | Support* | 1.36494 * | 1.36469 ** | 1.36408 *** |
Weekly forecast：
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USD/JPY
Trend Theme：USD/JPY trades firmer above 157.00 amid dovish BoJ commentary.
Trend Review：USD/JPY is trading on a positive footing, comfortable above 157.00 in the Asian session on Wednesday. The pair holds higher ground after dovish comments from BoJ’s official Adachi. Broad US Dollar strength also adds to the upside in the pair amid a risk-off environment.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 157.35 * | 157.424 ** | 157.537 *** |
| 157.311 | Support* | 157.237 * | 157.198 ** | 157.085 *** |
Weekly forecast：
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WTI
Trend Theme：Oil prices rise ahead of OPEC+ meeting, crossing the key 200-day moving average.
Trend Review：Oil prices rose more than $1 on Tuesday as the market expected the Organization of Petroleum Exporting Countries (OPEC) and its allies, including Russia, to continue to restrict crude oil supply at a meeting on June 2. At the same time, the start of the summer driving season in the United States and the weakening of the dollar also boosted commodities. U.S. crude oil closed at $80.28 per barrel, which is above the 200-day moving average of 79.91, which adds a bullish signal to the technical outlook.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 80.059 * | 80.059 ** | 80.183 *** |
| 80.017 | Support* | 79.976 * | 79.934 ** | 79.851 *** |
Weekly forecast：
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XAU/USD
Trend Theme：Gold price attracts some sellers on Fed’s hawkish remarks.
Trend Review：Gold price snaps the three-day winning streak on Wednesday amid the modest rebound of the Greenback. Additionally, the hawkish remarks from several Federal Reserve officials and stronger-than-expected US economic data diminish expectations of the Fed rate cut in September.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 2359.4 * | 2360.62 ** | 2363.39 *** |
| 2357.85 | Support* | 2356.63 * | 2355.08 ** | 2352.31 *** |
Weekly forecast：
