1. EUR/USD Analysis:

News Summary:

Last week, the European Central Bank (ECB) raised its key interest rates by 25 basis points to 2.75%, marking its first rate hike since September 2023 and ending a streak of seven consecutive meetings without any policy change. The ECB stated that the decision was driven by mounting inflationary pressures stemming from the conflict in the Middle East. The war involving Iran has led to the closure of the Strait of Hormuz, triggering a sharp rise in energy prices and creating significant upward pressure on inflation across the euro area.

Trend Analysis:

We can see EUR/USD remained range-bound on the H4 timeframe and continued to trade above the 48 hours moving average. Meanwhile, the MACD double line and histogram bars showed declining momentum around the zero line. The buy limit could be set, stop loss is necessary.

Today's Key Price Levels:

Key Support Levels: [1.1530]

Key Resistance Levels: [1.1670]
Pivot Points [1.1580]

2. Gold Analysis:

News Summary:

Over the past two trading sessions, the most important factor supporting the gold market has been the prospect of a preliminary agreement between the United States and Iran to bring an end to the conflict in the Middle East. Announced by U.S. President Donald Trump, the agreement would extend the fragile ceasefire reached in April by another 60 days and, crucially, reopen the Strait of Hormuz. As the Strait of Hormuz handles roughly one-fifth of global oil and liquefied natural gas trade, its reopening carries significant implications for global energy supply chains and helps ease concerns over potential supply disruptions.

Trend Analysis:

On the H4 chart, we can see gold continued to move sideways, holding above the 48 hours moving average. In addition, the MACD double line and energy bars remained above the zero axis but continued to converge. The buy limit could be placed, stop loss is mandatory.

Today's Key Price Levels:

Key Support Levels: [4270]

Key Resistance Levels: [4400]

Pivot Points [4300]