1. EUR/USD Analysis:

News Summary:

Over the weekend, joint U.S.–Israel airstrikes on Iran reportedly resulted in the death of Iran’s Supreme Leader, sharply escalating geopolitical tensions in the Middle East. Risk-off sentiment in global markets has risen rapidly, pushing the U.S. Dollar Index higher. Europe is highly dependent on energy imports, and rising energy prices quickly translate into higher production costs for businesses and increased living costs for households. This not only threatens the recently recovering manufacturing PMI but may also trigger a new round of inflation, placing the European Central Bank in a dilemma over whether to continue cutting interest rates.

Trend Analysis:

On the H4 chart, we can see EUR/USD is hovering at low levels and trading below the 48 hours moving average. Meanwhile, both the MACD double line and histogram bars are converging below the zero axis. Owing to the oversold state, the buy limit could be placed, stop loss is necessary.

Today's Key Price Levels:

Key Support Levels: [1.1500]

Key Resistance Levels: [1.1700]
Pivot Points [1.1550]

2. Gold Analysis:

News Summary:

On Tuesday, precious metals—traditionally viewed as safe-haven assets—pulled back after rising for four consecutive trading days, as investors weighed escalating tensions in the Middle East against a stronger U.S. dollar and the prospect of persistently high inflation. The conflict in the Middle East has already pushed energy prices sharply higher, which could gradually feed into inflation data and increase the likelihood that the Federal Reserve will keep interest rates unchanged for a longer period. Higher interest rates typically put pressure on non-yielding assets such as gold, while a stronger U.S. dollar tends to have a similar effect.

Trend Analysis:

We can see gold rebounded after a decline and is currently trading near the 48 hours moving average on the H4 chart. In addition, the MACD double line and energy bars are converging around the zero axis. The buy limit could be set, stop loss is mandatory.

Today's Key Price Levels:

Key Support Levels: [5120]

Key Resistance Levels: [5200]

Pivot Points [5140]