1. AUD/USD Analysis:

News Summary:

The Reserve Bank of Australia raised interest rates by 25 basis points at its Tuesday meeting and is expected to deliver another 25 basis point hike in May. Thereafter, the central bank is likely to pause in order to assess whether the cumulative increase in the cash rate is sufficient to contain inflation risks. The conflict in the Middle East has now moved beyond a short-term geopolitical shock and entered a phase where oil supply shortages could become more prolonged. The most direct and immediate impact of the conflict on Australia is rising inflation.

Trend Analysis:

We can see AUD/USD on the H4 chart continues to rebound and has returned to the vicinity of the 48 hours moving average. Meanwhile, the MACD double line and histogram bars are expanding below the zero axis. The buy limit could be set, stop loss is necessary.

Today's Key Price Levels:

Key Support Levels: [0.7000]

Key Resistance Levels: [0.7140]
Pivot Points [0.7030]

2. Crude Oil Analysis:

News Summary:

U.S. Treasury Secretary Scott Bessent stated in a recent interview that although the Strait of Hormuz faces supply challenges, its continued openness is temporarily easing extreme pressure. The U.S. government is effectively allowing Iranian oil tankers to pass in order to maintain balance in global energy supply and prevent prices from surging out of control. He noted that oil prices could fall well below $80 within a few months. Currently, the Gulf region is facing a supply shortfall of around 10–14 million barrels per day, but the strait has not been fully closed.

Trend Analysis:

On the H4 chart, we can see crude oil has declined and then rebounded and is now trading above the 48 hours moving average. In addition, the MACD double line and energy bars are converging near the zero axis. The buy limit could be placed, stop loss is mandatory.

Today's Key Price Levels:

Key Support Levels: [90.00]

Key Resistance Levels: [100.00]

Pivot Points [92.00]