EUR/USD
Trend Theme：EUR/USD falls below key technical levels with US NFP in the barrel.
Trend Review：EUR/USD lost a foothold above key technical levels on Thursday, slumping below the 1.0800 handle after a miss in US Purchasing Managers Index figures sparked fresh fears of worsening economic data signaling the possibility of a hard landing scenario in the US economy.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 1.07865 * | 1.07886 ** | 1.07933 *** |
| 1.07839 | Support* | 1.07818 * | 1.07792 ** | 1.07745 *** |
Weekly forecast：
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USD/JPY
Trend Theme：Japanese Yen advances further due to hawkish sentiment surrounding BoJ.
Trend Review：The Japanese Yen is gaining ground following the BoJ’s unexpected hawkish policy announcements. Japan’s Ministry of Finance reported that officials spent ¥5.53 trillion ($36.8 billion) in July to stabilize the Yen. The US Dollar depreciated after the Fed maintained rates at 5.25%-5.50% on Wednesday.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 149.278 * | 149.528 ** | 149.941 *** |
| 149.115 | Support* | 148.865 * | 148.702 ** | 148.289 *** |
Weekly forecast：
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WTI
Trend Theme：US economic data dampened expectations for demand outlook, oil prices fell by more than $1, and OPEC+ maintained its oil policy unchanged.
Trend Review：Oil prices closed down more than $1 on Thursday as concerns about a wider Middle East crisis following the killing of a Hamas leader in Iran did not appear to affect global supply and investors refocused on demand issues. Oil prices were under pressure from a number of poor U.S. economic data, especially manufacturing data.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 76.418 * | 76.496 ** | 76.641 *** |
| 76.351 | Support* | 76.273 * | 76.206 ** | 76.061 *** |
Weekly forecast：
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XAU/USD
Trend Theme：Gold price slumps amid buoyant US Dollar after soft ISM PMI.
Trend Review：Gold price edges lower during the North American session after hitting a daily low and high of $2,430 and $2,462, respectively, amid a stronger US Dollar. The Greenback recovered after data showed that business activity in the manufacturing sector contracted, while US jobs data underscored the weak labor market.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 2447.11 * | 2447.83 ** | 2449.49 *** |
| 2446.17 | Support* | 2445.45 * | 2444.51 ** | 2442.85 *** |
Weekly forecast：
