Trend Theme：USD/CAD chops either side of 1.2600 level amid conflicting OPEC+, Fed forces.
Trend Review：USD/CAD has seen a choppy last few hours of trade. Initially, the pair was dragged beneath the 1.2600 level and to lows in the 1.2570s (fresh weekly lows) amid a strengthening of the loonie amid a surge higher in crude oil prices on the back of bullish OPEC+ news.
|PP||Resistance*||1.2716 *||1.2764 **||1.2835 ***|
|1.2646||Support*||1.2597 *||1.2527 **||1.2478 ***|
Trend Theme：AUD/USD drops below 0.7700 as risk-aversion deepens, NFP eyed.
Trend Review：AUD/USD drops below 0.7700, hitting fresh three-week lows, as risk-aversion remains at full steam in Asia. Stocks tumbled while the US dollar rallied alongside the Treasury yields as the Fed Chair Powell dismissed the bond market turmoil. NFP awaited.
|PP||Resistance*||0.7793 *||0.7858 **||0.7901 ***|
|0.7750||Support*||0.7685 *||0.7642 **||0.7577 ***|
Trend Theme：WTI consolidates recent gains around $64.00 during pre-NFP trading lull.
Trend Review：WTI bulls catch a breather around the 14-month top during Friday’s Asian session. In doing so, the energy benchmark prints 0.30% intraday loss after a stellar rally on economic recovery hopes and OPEC+ headlines. US dollar moves failed to disappoint oil bears amid hopes of further economic recovery.
|PP||Resistance*||65.72 *||67.37 **||70.01 ***|
|63.08||Support*||61.43 *||58.79 **||57.14 ***|
Trend Theme：Gold bounces off nine-month low below $1,700 but remains vulnerable.
Trend Review：Gold consolidates recent losses near multi-day low, marked before a few hours, while taking rounds to $1,700 amid the initial Asian session on Friday. All eyes on US NFP, stimulus updates amid a light calendar in Asia.
|PP||Resistance*||1716.97 *||1736.47 **||1749.66 ***|
|1703.78||Support*||1684.28 *||1671.09 **||1651.59 ***|