Trend Theme：EUR/USD flirts with 1.1900 on entering the Fed day.
Trend Review：EUR/USD wavers around the round-figure following its bounce off 1.1882. EUR/USD stays steady around 1.1900, after a three-day losing streak, during the initial Asian session trading. US stimulus, reflation fears highlight today’s Fed decision. Geopolitics, vaccine jitters add challenges to the risk.
|PP||Resistance*||1.1942 *||1.1982 **||1.2012 ***|
|1.1912||Support*||1.1872 *||1.1842 **||1.1802 ***|
Trend Theme：NZD/USD: Daily downside extension on the cards in a break of support.
Trend Review：NZD/USD bears creeping back up to the table, pressing on daily support. The price is starting to drawing in the bear’s attention once again from a daily perspective. Bears can look for a 4-hour entry on a break of daily support.
|PP||Resistance*||0.7206 *||0.7226 **||0.7245 ***|
|0.7187||Support*||0.7166 *||0.7147 **||0.7127 ***|
Trend Theme：WTI jumps back to $65.00 level following bullish API inventory numbers.
Trend Review：Tuesday marked a third consecutive day of selling for crude oil markets; front-month futures contracts for West Texas Intermediary (WTI) at one point dropped under $64.00, but by the end of US trade had recovered back to just under the $65.00 level, down a modest (by crude oil’s standards) 0.7% or 40 cents on the day.
|PP||Resistance*||65.70 *||66.38 **||67.29 ***|
|64.78||Support*||64.10 *||63.18 **||62.50 ***|
Trend Theme：Gold eases above $1,700 as risk dwindles ahead of Fed.
Trend Review：Gold fades bounce off $1,726, struggles for a clear direction off-late. Vaccine crisis, pre-Fed caution join threats from Iran, North Korea to weigh on the mood. US Treasury yields regain 1.60% level, stock futures track Wall Street benchmarks in trading mixed.
|PP||Resistance*||1739.64 *||1747.92 **||1754.63 ***|
|1732.93||Support*||1724.65 *||1717.94 **||1709.66 ***|