Trend Theme：USD/JPY retreats from 106.95, retains its bullish potential.
Trend Review：The USD/JPY pair eased just modestly from fresh 2021 high, despite lower US Treasury yields and mixed US equities. Additional gains likely in the near-term.
|PP||Resistance*||106.91 *||107.07 **||107.19 ***|
|106.79||Support*||106.63 *||106.52 **||106.35 ***|
Trend Theme：USD/CAD: Battles key HMA confluence below short-term resistance line.
Trend Review：USD/CAD trims early day gains towards revisiting the 100, 200-HMA confluence. The quote fizzles the early Asia recovery moves but stays above the key HMA confluence as the MACD teases bulls. =Sustained trading above key Fibonacci retracements, MACD conditions favor recovery moves.
|PP||Resistance*||1.2680 *||1.2738 **||1.2777 ***|
|1.2640||Support*||1.2582 *||1.2542 **||1.2484 ***|
Trend Theme：WTI refreshes weekly low under $60.00 on API inventory build, OPEC+ comments.
Trend Review：WTI remains on the back-foot for the fourth consecutive day while declining to $59.40 during the initial Asian session on Wednesday. The energy benchmark recently dropped on the private inventory data while comments from the OPEC+ and an absence of the risk-on mood earlier weighed on the black gold.
|PP||Resistance*||60.58 *||61.72 **||62.34 ***|
|59.97||Support*||58.83 *||58.22 **||57.08 ***|
Trend Theme：Gold stays on the front-foot towards $1,750 amid mixed clues.
Trend Review：Gold extends corrective pullback from 8.5-month low to refresh weekly high. The yellow metal stretches the bounce off the lowest since June 2020 to the weekly high near $1,740 before recently catching a breather.
|PP||Resistance*||1745.39 *||1757.61 **||1776.67 ***|
|1726.33||Support*||1714.11 *||1695.05 **||1682.83 ***|