Trend Theme：USD/JPY remains strong near 113.70 amid firmer USD.
Trend Review：USD/JPY makes steady moves following the previous session’s movement. The pair retreated from the highs of 2018 high near 114.69 on Wednesday, and continued to move in a familiar trading range. Yellen’s comments on inflation, higher equity market, and Fed tapering influences traders’ decisions .
|PP||Resistance*||113.94 *||114.17 **||114.41 ***|
|113.70||Support*||113.48 *||113.23 **||113.01 ***|
Trend Theme：GBP/USD: Fades rebound below 100-DMA, focus on 1.3740-35.
Trend Review：GBP/USD drops back to 1.3765 after snapping a two-day downtrend. In doing so, the cable pair fades the previous day’s bounce off the three-month-old resistance-turned-support during the early Asian session on Tuesday.
|PP||Resistance*||1.3793 *||1.3817 **||1.3843 ***|
|1.3767||Support*||1.3743 *||1.3717 **||1.3693 ***|
Trend Theme：WTI stays pressured towards $83.00 ahead of API inventories.
Trend Review：WTI holds lower grounds following a U-turn from a fresh multi-day high, pressured around $83.25 during Tuesday’s Asian session. In doing so, the black gold struggles to justify headlines from the Middle East, as well as risk-on mood, amid the US dollar rebound. The US Dollar Index (DXY) refreshed three-week lows before posting the heaviest daily jump in two weeks on Monday.
|PP||Resistance*||84.56 *||85.72 **||86.46 ***|
|83.82||Support*||82.65 *||81.91 **||80.75 ***|
Trend Theme：Gold struggles to defend $1,800 breakout on firmer USD.
Trend Review：Gold consolidates recent gains around $1,805, refreshing intraday low during early Tuesday following a five-day uptrend. Although risk-on mood underpinned the yellow metal to stay firmer of late, the US dollar rebound challenges the buyers ahead of important data/events of the week.
|PP||Resistance*||1814.38 *||1821.07 **||1832.09 ***|
|1803.36||Support*||1796.67 *||1785.65 **||1778.96 ***|