Trend Theme： Profit-taking bounce short of confirming a bottom.
Trend Review：The EUR/USD pair recovered ground in the last trading session of the week, closing it around the 1.2050 threshold. The American currency appreciated throughout the week, amid hopes for a large stimulus package coming under the new administration.
|PP||Resistance*||1.2082 *||1.2115 **||1.2180 ***|
|1.2017||Support*||1.1984 *||1.1919 **||1.1887 ***|
Trend Theme： Following the lead of US Treasury yields.
Trend Review：The USD/JPY pair posted substantial gains for a second consecutive week, hitting on Friday a fresh 2020 high of 105.76. Japanese Leading Economic Index contracted in December to 94.9 from 96.1. Yen could extend its corrective decline in the near-term at the weekly opening.
|PP||Resistance*||105.66 *||105.93 **||106.09 ***|
|105.50||Support*||105.22 *||105.06 **||104.79 ***|
Trend Theme：WTI hits $57.00 as bullish narrative continues to dominate.
Trend Review：WTI is having a strong finish to the week, having rallied as high as $57.00 on Friday. Higher stock prices, US bond yields, and a lower US dollar are all providing tailwinds to the crude oil complex.
|PP||Resistance*||57.29 *||57.70 **||58.24 ***|
|56.75||Support*||56.33 *||55.79 **||55.37 ***|
Trend Theme：Gold holds on to recovery gains above $1,800 amid mixed clues.
Trend Review：Gold keeps Friday’s recovery moves to nurse heaviest weekly losses in a month. US dollar index dropped from two-month top on mixed employment data at home. Risks dwindle as stimulus hopes battle downbeat vaccine news, geopolitical risk from Iran.
|PP||Resistance*||1820.27 *||1829.33 **||1843.42 ***|
|1806.18||Support*||1797.12 *||1783.03 **||1773.97 ***|