AUD/USD

Trend Theme:AUD/USD looks to regain 0.6600 after hot China’s inflation data.
Trend Review:AUD/USD is testing 0.6600, sitting at a fresh two-and-half-week high touched in Asian trading on Friday, as traders cheer the hotter-than-expected Chinese inflation data. The RBA’s hawkish tilt earlier and risk recovery underpin the Aussie amid a light US calendar ahead.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 0.65999 * | 0.66029 ** | 0.66117 *** |
| 0.65941 | Support* | 0.65911 * | 0.65853 ** | 0.65765 *** |
Weekly forecast:

————————————————————————————————-
USD/JPY

Trend Theme:USD/JPY reverses from weekly highs, closes in on 147.00.
Trend Review:USD/JPY is closing in on 147.00, reversing from the weekly high of 147.82 reached earlier in the Asian session on Friday. A US Dollar pullback amid a positive shift in risk sentiment and falling Treasury yields weigh on the pair while fading hopes of BoJ rate hikes fail to deter the Japanese Yen.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 147.297 * | 147.383 ** | 147.609 *** |
| 147.157 | Support* | 147.071 * | 146.931 ** | 146.705 *** |
Weekly forecast:

————————————————————————————————-
WTI

Trend Theme:Two major positive factors provided support, and oil prices rose for two consecutive days. Has this bottomed out?
Trend Review:Oil prices extended their gains on Thursday, closing higher for a second straight session, after U.S. jobs data eased demand concerns and as war in the Middle East helped prices recover from an eight-month low hit on Monday.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 75.553 * | 75.594 ** | 75.702 *** |
| 75.486 | Support* | 75.445 * | 75.378 ** | 75.27 *** |
Weekly forecast:

—————————————————————————————————
XAU/USD

Trend Theme:
Gold price consolidates in a range amid mixed cues, bias seems tilted in favor of bulls
Trend Review:Gold price rallied nearly 2% on Thursday and snapped a four-day losing streak in the wake of rising bets for bigger interest rate cuts by the Federal Reserve in September. Apart from this, fears of a wider Middle East conflict turned out to be another factor that drove flows towards the safe-haven precious metal.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 2428.48 * | 2431 ** | 2435.66 *** |
| 2426.34 | Support* | 2423.82 * | 2421.68 ** | 2417.02 *** |
Weekly forecast:

