EUR/USD

Trend Theme:EUR/USD extends declines in wide-market Greenback rebound
Trend Review:
EUR/USD declined for a fourth straight day on Wednesday.Market sentiment keeps one foot in safe havens amid geopolitical uncertainty.Upbeat US jobs data limits hopes for further overweighted Fed rate cuts.
Today Advise:Sideways
Key Levels:
| PP | Resistance* | 1.1074* | 1.1104** | 1.1124*** |
| 1.1053 | Support* | 1.1024* | 1.1003** | 1.0974*** |
Weekly forecast:

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USD/JPY

Trend Theme:USD/JPY Price Forecast: Skyrockets over 200-pips on Japan’s PM comments
Trend Review:
USD/JPY surges over 2%, rallying from a low of 143.42 following comments from Japan’s Prime Minister Ishiba.The pair breaks significant resistance, including the 50-DMA at 145.53, now trading near 146.47.For a bearish reversal, USD/JPY needs to drop below the 50-DMA, with 145.00 as the subsequent key support.
Today Advise:Bearish
Key Levels:
| PP | Resistance* | 147.51* | 148.56** | 150.61*** |
| 145.47 | Support* | 144.42* | 142.38** | 141.33*** |
Weekly forecast:

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WTI

Trend Theme:WTI drifts higher above $70.50 on fears over Middle East supply disruptions
Trend Review:
WTI gains traction to near $70.60 in Thursday’s early Asian session. Middle East geopolitical tensions lift WTI price.Large US crude inventories built last week might cap the upside for WTI.
Today Advise:Sideways
Key Levels:
| PP | Resistance* | 72.09* | 73.42** | 74.63*** |
| 70.87 | Support* | 69.54* | 68.32** | 66.99*** |
Weekly forecast:

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XAU/USD

Trend Theme:Gold declines amid rising US yields, as Israel vows retaliation
Trend Review:
Gold price slumps on Wednesday amid heightened tensions between Israel and Iran.A robust ADP National Employment Change report could be a prelude to an upbeat NFP.Nonfarm Payrolls data on Friday is expected to show 140K new US jobs in September.
Today Advise:Sideways
Key Levels:
| PP | Resistance* | 2667.74* | 2676.74** | 2690.01*** |
| 2654.47 | Support* | 2645.47* | 2632.20** | 2623.20*** |
Weekly forecast:

