Trend Theme：EUR/USD: 1.1700-1685 area can test bears.
Trend Review：EUR/USD bears catch a breather around low marked on November 05, 2020. Bearish MACD, sustained trading below 200-day SMA favor sellers. Multiple bottoms since late-July add to the downside filters. Five-week-old falling trend line also becomes important resistance.
|PP||Resistance*||1.1757 *||1.1797 **||1.1819 ***|
|1.1734||Support*||1.1695 *||1.1672 **||1.1632 ***|
Trend Theme：GBP/USD: Bears giving back ground to the bulls towards neckline resistance.
Trend Review：GBP/USD is carving out a slightly bullish case on the lower time frames, cutting into the bearish prospects of a downside daily extension. Meanwhile, as per the hourly chart, the right-hand shoulder was formed and gave additional conviction to the downside bias.
|PP||Resistance*||1.3780 *||1.3821 **||1.3858 ***|
|1.3743||Support*||1.3703 *||1.3666 **||1.3626 ***|
Trend Theme：WTI stays supported above $60.00 level despite mixed API inventory report.
Trend Review：Front-month futures contracts for the American benchmark of sweet light crude oil, West Texas Intermediary or WTI, ended Tuesday’s session with losses of just under $1.50 or about 2.3%, with WTI dropping back from Asia Pacific session highs above the $62.00 level back to support at $60.00.
|PP||Resistance*||61.78 *||63.16 **||64.07 ***|
|60.87||Support*||59.49 *||58.58 **||57.20 ***|
Trend Theme：Gold: Upside correction from daily support on the cards?
Trend Review：Gold keeps bounce off the lowest in 12 days. Gold prices struggle to extend late Monday’s recovery moves amid the initial Asian session on Tuesday. A lack of major catalysts seems to have capped the bullion’s moves off-late.
|PP||Resistance*||1706.88 *||1728.51 **||1742.57 ***|
|1692.82||Support*||1671.19 *||1657.13 **||1635.50 ***|