EUR/USD
Trend Theme：EUR/USD tumbles back to 1.08 region, investors turn to US GDP and PCE inflation.
Trend Review：EUR/USD pulled back sharply on Wednesday, falling back to the 1.0800 handle after broad risk appetite evaporated. The pair is trading firmly into technical resistance as investors gear up for a batch of mid-tier European economic indicators on Thursday, followed by an update to US quarterly GDP growth.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 1.08052 * | 1.08092 ** | 1.08181 *** |
| 1.08003 | Support* | 1.07963 * | 1.07914 ** | 1.07825 *** |
Weekly forecast：
————————————————————————————————-
USD/JPY
Trend Theme：Japanese Yen remains steady after BoJ Adachi favors to reduce bond-buying.
Trend Review：The Japanese Yen rebounds as BoJ Adachi emphasizes bond-buying reduction. The emergence of risk aversion has supported the US Dollar. Minneapolis Fed President Neel Kashkari suggested the possibility of a rate hike.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 157.458 * | 157.493 ** | 157.583 *** |
| 157.403 | Support* | 157.368 * | 157.313 ** | 157.223 *** |
Weekly forecast：
—————————————————————————————————
WTI
Trend Theme：Oil prices fell by about 1% as the dollar rose and gasoline demand was worried. EIA data is in focus.
Trend Review：Oil prices fell about 1% on Wednesday on concerns that weak U.S. gasoline demand and economic data could lead the Federal Reserve to keep interest rates higher for longer.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 79.23 * | 79.274 ** | 79.354 *** |
| 79.194 | Support* | 79.15 * | 79.114 ** | 79.034 *** |
Weekly forecast：
—————————————————————————————————
XAU/USD
Trend Theme：Gold price remains on the defensive ahead of US GDP data.
Trend Review：Gold price trades in negative territory on Thursday, supported by the firmer US Dollar and higher US yields. The diminishing expectation of the Federal Reserve’s rate cut in September exerts some selling pressure on the precious metal as it will increase gold’s opportunity costs.
Today Advise：Sideways
Key Levels：
| PP | Resistance* | 2335.76 * | 2337.77 ** | 2341.05 *** |
| 2334.49 | Support* | 2332.48 * | 2331.21 ** | 2327.93 *** |
Weekly forecast：
