1. USD/JPY Analysis:

News Summary:

A Bank of Japan branch governor said on Thursday that cost-push inflation has spread from business-to-business (B2B) transactions to consumer-facing industries, with inflationary pressures continuing to broaden nationwide. The central bank noted that geopolitical tensions in the Middle East, a weaker yen, rising energy and raw material prices, and higher transportation and labor costs have prompted many Japanese companies to raise prices for customers to offset increasing costs.

Trend Analysis:

On the H4 chart, we can see USD/JPY rebounded with fluctuations, trading near the 48 hours moving average. On the other hand, the MACD double line and energy bars converged near the zero axis. The buy limit could be set, stop loss is necessary.

Today's Key Price Levels:

Key Support Levels: [156.70]

Key Resistance Levels: [159.50]
Pivot Points [157.50]

2. Gold Analysis:

News Summary:

The Federal Reserve remains the biggest source of uncertainty in the gold market. Meeting minutes revealed clear divisions among Fed policymakers last month over the rationale for raising interest rates. While some participants believed rate hikes were necessary to contain the impact of energy and other price shocks, more hawkish core policymakers argued that tightening was needed to guard against emerging demand-driven inflation. This suggests that the Fed has no predetermined policy path.

Trend Analysis:

We can see gold rebounded with fluctuations on the H4 chart, trading above the 48 hours moving average. Meanwhile, the MACD double line and histogram bars expanded near the zero axis. The buy limit could be employed, stop loss is mandatory.

Today's Key Price Levels:

Key Support Levels: [4100]

Key Resistance Levels: [4270]

Pivot Points [4140]