USD/JPY

Trend Theme:USD/JPY slides below mid-141.00s, seems vulnerable near YTD low amid bearish USD
Trend Review:
USD/JPY trades with negative bias for the fourth straight day and hangs near the YTD low.The divergent Fed-BoJ policy expectations turn out to be a key factor weighing on the pair.Investors now look forward to next week’s key central bank event risks for a fresh impetus.
Today Advise:Bearish
Key Levels:
| PP | Resistance* | 142.67* | 143.52** | 143.99*** |
| 142.20 | Support* | 141.35* | 140.88** | 140.03*** |
Weekly forecast:

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EUR/USD

Trend Theme:EUR/USD rises on Greenback weakness as PPI paves the way for Fed cuts
Trend Review:
EUR/USD rallied on a weakening Greenback on Thursday.US PPI inflation data failed to spark any major moves, but remained steady.The market’s Fed-centric tilt continues unabated as the wait for rate cuts rolls on.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 1.1098* | 1.1121** | 1.1167*** |
| 1.1052 | Support* | 1.1028* | 1.0982** | 1.0959*** |
Weekly forecast:

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WTI

Trend Theme:Oil prices rose about 2% to a near one-week high as the hurricane disrupted U.S. oil production
Trend Review:
International oil prices hovered at a near one-week high, with U.S. crude currently trading around $69.38 a barrel. Oil prices rose about 2% on Thursday as producers assessed the impact on U.S. Gulf of Mexico oil output after Hurricane Francine ravaged offshore oil-producing areas and was later downgraded to a tropical storm.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 69.45* | 70.45** | 71.86*** |
| 68.05 | Support* | 67.05* | 65.64** | 64.64*** |
Weekly forecast:

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XAU/USD

Trend Theme:Gold price hits all-time high as Fed rate cut speculation grows
Trend Review:
Gold hits new all-time high as US jobless claims and producer inflation data reinforce a likely Fed rate cut.US Dollar Index (DXY) falls 0.29%, while US Treasury yields rise, with the 10-year T-note at 3.689%.CME FedWatch Tool shows an 85% chance of a 25 bps Fed rate cut, further boosting Gold’s appeal in a low-rate environment.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 2575.57* | 2592.37** | 2624.59*** |
| 2543.35 | Support* | 2526.55* | 2494.33** | 2477.53*** |
Weekly forecast:

