EUR/USD
Trend Theme：EUR/USD edges lower after US CPI data, ECB’s decision looms
Trend Review：
EUR/USD dips after US Core CPI rises 0.3% MoM, reinforcing Fed rate cut expectations of 25 bps.ECB expected to cut rates by 25 bps this week amid slowing EU economic data and Germany’s inflation drop to 1.9% YoY.ECB’s post-September monetary policy decisions could become more complex as inflation components remain sticky.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 1.1044* | 1.1076** | 1.1097*** |
| 1.1023 | Support* | 1.0991* | 1.0970** | 1.0938*** |
Weekly forecast：
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GBP/USD
Trend Theme：GBP/USD down after US CPI figures and UK GDP data
Trend Review：
GBP/USD tallied another day of losses falling below 1.3050.US CPI came in mixed and markets reduced the odds of a 50 bps cut.Earlier in the session the UK reported weak GDP figures.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 1.3102* | 1.3162** | 1.3212*** |
| 1.3052 | Support* | 1.2993* | 1.2943** | 1.2883*** |
Weekly forecast：
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WTI
Trend Theme：Hurricane Francine caused offshore production suspension, oil prices rose by more than 2% against the trend, pay attention to the IEA monthly report
Trend Review：
International oil prices fluctuated in a narrow range, with U.S. crude oil currently trading around $67.50 per barrel. Oil prices climbed more than 2% on Wednesday, amid concerns that Hurricane Francine would cause a long-term shutdown of U.S. offshore oil production areas when it landed in Louisiana.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 67.68* | 68.58** | 69.87*** |
| 66.39 | Support* | 65.50* | 64.21** | 63.31*** |
Weekly forecast：
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XAU/USD
Trend Theme：Gold price stays resilient above $2,500 as inflation fears subside
Trend Review：
Gold retreats from a daily high of $2,529 after US inflation data boosts odds of a 25 bps Fed rate cut.Rising US Treasury yields and a stronger US Dollar weigh on the non-yielding metal with the 10-year T-note climbing to 3.655%.CME FedWatch Tool shows 71% chance of a 25 bps cut.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 2526.91* | 2542.00** | 2554.92*** |
| 2513.99 | Support* | 2498.90* | 2485.98** | 2470.89*** |
Weekly forecast：
