1. AUD/USD Analysis:

News Summary:

Australia’s Consumer Price Index (CPI) rose 0.4% month-over-month in April, while the annual inflation rate eased to 4.2% from 4.6%, coming in below market expectations of 0.6% monthly growth and 4.4% annual inflation. The trimmed mean CPI, the Reserve Bank of Australia’s preferred measure of underlying inflation, increased 0.3% on the month, in line with expectations. However, its annual rate accelerated to 3.4%, the highest level since late 2024, remaining above the Reserve Bank of Australia’s target range of 2% to 3%. With Australia’s unemployment rate having risen sharply in March, markets increasingly expect the RBA to pause its interest-rate hiking cycle despite persistent underlying inflation pressures. The softer headline inflation reading has eased concerns about further immediate policy tightening, although elevated core inflation suggests policymakers are likely to remain cautious.

Trend Analysis:

We can see AUD/USD has staged a strong rebound on the H4 chart and is currently trading above the 48 hours moving average. Meanwhile, both the MACD double lines and histogram bars are contracting near the zero line. The buy limit could be set, stop loss is necessary.

Today's Key Price Levels:

Key Support Levels: [0.7100]

Key Resistance Levels: [0.7220]
Pivot Points [0.7130]

2.Crude Oil Analysis:

News Summary:

Exxon Mobil warned on Thursday that global crude oil inventories could fall to historically low levels in the coming weeks, potentially triggering a sharp surge in oil prices and eventually dampening demand. According to the company, stockpiles are expected to decline to extremely tight levels, although there remains debate over whether this threshold will be reached in two weeks or three. Once inventories approach that critical point, oil prices could rise rapidly due to tightening supply conditions. However, Exxon noted that as crude prices climb to sufficiently high levels, demand destruction is likely to emerge, helping to restore balance to the market. Higher energy costs typically weigh on consumption and industrial activity, reducing demand growth and easing pressure on supplies over time.

Trend Analysis:

On the H4 chart, we can see crude oil has pulled back again and continues to trade below the 48 hours moving average. In addition, the MACD double lines and energy bars are expanding below the zero axis. The sell limit could be placed, stop loss is mandatory.

Today's Key Price Levels:

Key Support Levels: [85.00]

Key Resistance Levels: [97.00]

Pivot Points [94.00]