Trend Theme：USD/JPY: Bulls taking charge from 61.8% Fibo.
Trend Review：USD/JPY is finding support on the longer-term time-frames and has retraced deep enough to now expect a continuation to the upside towards monthly resistance. Bullish bias across the time frames opens prospects of a fresh daily bullish impulse.
|PP||Resistance*||103.98 *||104.14 **||104.39 ***|
|103.73||Support*||103.58 *||103.33 **||103.18 ***|
Trend Theme：EUR/USD: Probing key Fibonacci retracement hurdle.
Trend Review：EUR/USD has retraced 38.2% of the pullback from early January highs. The pair has carved out a pennant pattern on the hourly chart. A breakout would validate the bullish crossover of the 50- and 200-hour SMA.
|PP||Resistance*||1.2188 *||1.2208 **||1.2226 ***|
|1.2170||Support*||1.2150 *||1.2132 **||1.2112 ***|
Trend Theme：WTI consolidates around $52.50 mark, unfazed by surprise EIA inventory build.
Trend Review：WTI crude oil prices are on the back foot on the final trading day of the week; prices dropped as low as the $51.50 mark in the early part of European trade, hitting their lowest levels in two weeks.
|PP||Resistance*||53.02 *||53.94 **||54.73 ***|
|52.23||Support*||51.31 *||50.51 **||49.60 ***|
Trend Theme：Gold wavers around mid-$1,800s even as virus, stimulus weigh on risks.
Trend Review：Gold begins the week with an uptick to $1,857, keeps late Friday’s recovery moves. Doubts over US President Biden’s second stimulus, virus variant fears heavy the risks amid a light calendar.
|PP||Resistance*||1871.56 *||1888.78 **||1905.86 ***|
|1854.48||Support*||1837.26 *||1820.18 **||1802.96 ***|