1. USD/JPY Analysis:

News Summary:

According to the International Monetary Fund (IMF) framework governing exchange rate regimes, if Japan wishes to maintain its classification as a freely floating exchange rate system, it will only have two remaining opportunities to conduct foreign exchange market intervention before November this year, with each intervention limited to no more than three consecutive days. An official from Japan’s Ministry of Finance, citing IMF-related rules, explained that three consecutive days of intervention are statistically regarded as a single market operation.

Trend Analysis:

We can see USD/JPY on the H4 chart is showing a volatile rebound and is currently trading near the 48 hours moving average. In addition, both the MACD double line and histogram bars remain expanding below the zero axis. The buy limit could be set, stop loss is necessary.

Today's Key Price Levels:

Key Support Levels: [155.70]

Key Resistance Levels: [158.00]
Pivot Points [156.20]

2. Gold Analysis:

News Summary:

Gold futures prices climbed as tensions in the Middle East eased. Commonwealth Bank of Australia noted that President Donald Trump announced a temporary suspension of plans to provide security passage for vessels through the Strait of Hormuz, helping to calm market concerns. Since gold prices reached an intraday high of US$5,422 per ounce on March 2, gold futures have generally moved inversely to the level of geopolitical tension in the Middle East.

Trend Analysis:

On the H4 chart, we can see gold has rebounded sharply and is currently trading above the 48 hours moving average. On the other hand, the MACD double line and energy bars are expanding near the zero axis. The buy limit could be placed, stop loss is mandatory.

Today's Key Price Levels:

Key Support Levels: [4600]

Key Resistance Levels: [4750]

Pivot Points [4625]