EUR/USD
Trend Theme：EUR/USD continues to find a technical foothold, but downside pressure is mounting
Trend Review：
EUR/USD managed to keep a hold of 1.1050 on Tuesday, but action is tilted downside.US PMI figures that flubbed forecasts stoked a fresh bid into the Greenback.US NFP labor numbers due this week will be a guiding print for Fed rate cut depth.
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 1.10503* | 1.10524** | 1.10566*** |
| 1.10482 | Support* | 1.10461* | 1.1044** | 1.10398*** |
Weekly forecast：
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USD/JPY
Trend Theme：USD/JPY Price Forecast: Tumbles on hawkish BoJ tone, firm below 146.00
Trend Review：
USD/JPY forms a bearish engulfing pattern, signaling potential further downside in the near term.RSI momentum supports sellers, with first support eyed at Tenkan-Sen 145.33 and psychological 145.00 level.Bulls must reclaim Kijun-Sen at 148.45, with 150.00 needed to reverse the bearish trend.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 145.473* | 145.654** | 145.938*** |
| 145.37 | Support* | 145.189* | 145.086** | 144.802*** |
Weekly forecast：
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WTI
Trend Theme：WTI Oil falls to $70 as OPEC production rumors and reduced China demand weigh
Trend Review：
WTI Oil has fallen to the $70 level as rumors OPEC is preparing to ramp up production lead traders to press sell.A slowdown in Chinese demand and weak Manufacturing figures further weigh.Mixed US inventory data, Libyan outages and possible Federal Reserve cuts are further factors.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 69.889* | 69.985** | 70.138*** |
| 69.832 | Support* | 69.736* | 69.679** | 69.526*** |
Weekly forecast：
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XAU/USD
Trend Theme：Gold price remains capped below $2,500 on firmer US Dollar
Trend Review：
Gold price edges lower in Wednesday’s early Asian session.The escalating Middle East geopolitical tensions and firmer Fed rate-cut expectations might cap the Gold’s downside.JOLTS Job Openings and Fed Beige Book are due later on Wednesday.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 2495.26* | 2496.21** | 2498.46*** |
| 2493.96 | Support* | 2493.01* | 2491.71** | 2489.46*** |
Weekly forecast：
