Trend Theme：USD/CAD struggles to keep 1.2600 as WTI eyes to regain $65.00.
Trend Review：USD/CAD fades bounce off 1.2610 after two consecutive days of downside. WTI keeps recovery moves from $63.38, US Treasury yields play their role. BOC couldn’t impress traders with status-quo, US jobless claims, BOC’s Schembri eyed. US President Biden’s speech, signing of stimulus will be the key..
|PP||Resistance*||1.2664 *||1.2709 **||1.2735 ***|
|1.2639||Support*||1.2594 *||1.2569 **||1.2524 ***|
Trend Theme：AUD/USD consolidates recent gains above 0.7700 amid multiple Aussie catalysts.
Trend Review：AUD/USD snaps two-day winning streak, prints mild losses amid recent pullback from weekly top. Australia announced A$1.2 billion package for tourism, markets fear 300,000 jobs to lose as wage subsidy support ends this month. Australia’s Consumer Inflation Expectations rose 4.1% for March.
|PP||Resistance*||0.7765 *||0.7794 **||0.7842 ***|
|0.7716||Support*||0.7687 *||0.7639 **||0.7610 ***|
Trend Theme：WTI drops back from near-$65.00 highs as US crude oil production surges back.
Trend Review：Front-month futures contracts for West Texas Intermediary (WTI), the American benchmark for sweet light crude oil, have been capped before the $65.00 level, hit session highs of close to the $65.00 level not long ago, but have since sold off and been pushed back below the $63.50 level, where WTI trades losses of about 0.75% or 50 cents on the day.
|PP||Resistance*||65.43 *||66.07 **||67.23 ***|
|64.27||Support*||63.63 *||62.47 **||61.82 ***|
Trend Theme：Gold prints three-day winning streak around $1,730 amid steady markets in Asia.
Trend Review：Gold stays firm at the weekly top, wavers around the peak off-late. Risks stabilize after initial positive reaction to US stimulus passage, downbeat Treasury yields. US Jobless Claims, President Biden’s speech will be the key.
|PP||Resistance*||1731.87 *||1738.19 **||1750.02 ***|
|1720.04||Support*||1713.72 *||1701.89 **||1695.57 ***|