EUR/USD
Trend Theme：EUR/USD gets dragged down by Greenback recovery as ECB stands pat once more.
Trend Review：EUR/USD backlides to 1.0900 handle on Thursday as US Dollar flows recover lost ground. The ECB held rates steady on Thursday as policymakers keep watching for inflation. Fiber traders to turn toward next week’s pan-EU inflation figures.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 1.08942 * | 1.08965 ** | 1.09011 *** |
| 1.08919 | Support* | 1.08896 * | 1.08873 ** | 1.08827 *** |
Weekly forecast：
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USD/JPY
Trend Theme：Japanese Yen declines as US Dollar remains stable due to improved yields.
Trend Review：The Japanese Yen inches lower as the US Dollar rebounds. The JPY could limit its downside as traders expect further intervention by Japanese authorities. The greenback may limit its upside due to the rising expectations of the Fed reducing rates in September.
Today Advise：Sideways
Key Levels：
| PP | Resistance* | 157.302 * | 157.373 ** | 157.497 *** |
| 157.249 | Support* | 157.178 * | 157.125 ** | 157.001 *** |
Weekly forecast：
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WTI
Trend Theme：Oil prices fell nearly 1% as economic slowdown signals again dampened demand expectations.
Trend Review：Oil prices fell nearly 1% on Thursday after a surge was blocked. Although expectations of a Federal Reserve rate cut and a sharp drop in EIA crude oil inventories provided support for oil prices, concerns about a slowdown in the US economy have intensified, putting pressure on oil prices.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 80.853 * | 80.927 ** | 81.096 *** |
| 80.758 | Support* | 80.684 * | 80.589 ** | 80.42 *** |
Weekly forecast：
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XAU/USD
Trend Theme：Gold price drops to multi-day low amid modest USD strength.
Trend Review：Gold price drifts lower for the third successive day on Friday amid a further US Dollar recovery from over a four-month low touched the previous day. A weaker tone across the global equity markets, along with bets for an imminent start of the Fed’s rate-cutting cycle in September, should help limit losses for the yellow metal.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 2431.82 * | 2438.15 ** | 2448.31 *** |
| 2427.99 | Support* | 2421.66 * | 2417.83 ** | 2407.67 *** |
Weekly forecast：
