EUR/USD
Trend Theme：EUR/USD holds ground near 1.1150 ahead of Eurozone PMI data
Trend Review：
EUR/USD remains stable ahead of the Purchasing Managers Index data release from Eurozone and Germany.The US Dollar may struggle due to the rising likelihood of more Fed rate cuts by the end of the year.ECB President Lagarde emphasized that monetary policy needs to stay adaptable.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 1.1185* | 1.1206** | 1.1231*** |
| 1.1161 | Support* | 1.1139* | 1.1115** | 1.1093*** |
Weekly forecast：
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USD/JPY
Trend Theme：USD/JPY Price Forecast: Records back-to-back days of gains, stays below 144.00
Trend Review：
USD/JPY on track for a positive weekly close, yet still under key resistances, maintaining the downtrend.Resistance challenges include Kijun-Sen at 144.40 and Ichimoku Cloud; 50-DMA approaching a bearish cross with 100 and 200-DMAs.Buyer momentum builds with RSI rising, though remains below the critical 60 mark needed to overturn the downtrend.Potential upside targets 145.00 and the September 3 high at 147.21; a drop below 143.00 could test support at 142.04 (Tenkan-Sen).
Today Advise：Bearish
Key Levels：
| PP | Resistance* | 144.96* | 146.11** | 147.72*** |
| 143.35 | Support* | 142.20* | 140.59** | 139.45*** |
Weekly forecast：
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WTI
Trend Theme：Crude Oil goes head-to-head with selling pressure as price actions tries to hold $70
Trend Review：
Crude Oil popped higher on Thursday after intense attacks from Israel on Lebanon. China reportdly has bought nearly 75% of all Malaysian’s Oil production. The US Dollar Index remains under pressure, trading near the yearly lows.
Today Advise：Bullish
Key Levels：
| PP | Resistance* | 71.54* | 71.95** | 72.59*** |
| 70.90 | Support* | 70.48* | 69.84** | 69.43*** |
Weekly forecast：
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XAU/USD
Trend Theme：Gold Price Forecast: XAU/USD buyers take a breather near $2,600, focus on Middle East geopolitical risks
Trend Review：
Gold price posts modest losses around $2,620 in Monday’s early Asian session. US Fed rate cut and geopolitical risks boost the precious metal.The positive view for US growth and stronger US economic data could weigh on the XAU/USD price.
Today Advise：Sideways
Key Levels：
| PP | Resistance* | 2637.02* | 2651.90** | 2677.96*** |
| 2610.96 | Support* | 2596.08* | 2570.02** | 2555.14*** |
Weekly forecast：
