1. AUD/USD Analysis:

News Summary:

The Reserve Bank of Australia (RBA) is set to announce its interest rate decision on Tuesday, with market expectations for further rate hikes continuing to fade. Since February this year, the RBA has delivered three consecutive rate increases in an effort to contain inflationary pressures that had already been building before the outbreak of the Middle East conflict. However, tighter monetary policy is now beginning to weigh on the broader economy. Australia's first-quarter GDP growth slowed sharply to 0.3% from 0.9% in the previous quarter, while the unemployment rate climbed to 4.5% in April, the highest level since 2021.

Trend Analysis:

We can see AUD/USD has staged a strong rebound on the H4 chart and continues to trade above the 48 hours moving average. Meanwhile, both the MACD double line and histogram bars are gradually expanding around 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. Gold Analysis:

News Summary:

The United States and Iran have reached a historic peace agreement, paving the way for the reopening of the Strait of Hormuz. As concerns over disruptions to global energy supplies ease, international crude oil prices have fallen sharply. Lower oil prices have helped cool inflation expectations, reducing market concerns about further Federal Reserve rate hikes and putting downward pressure on the U.S. dollar index. Against this backdrop, spot gold surged on Monday, reaching its highest level in nearly a week. The peace agreement between the U.S. and Iran is reshaping market expectations through a clear transmission mechanism: lower oil prices ease inflation pressures, softer inflation reduces the likelihood of additional Fed tightening, and a weaker U.S. dollar enhances the appeal of non-yielding assets such as gold. This chain of developments is effectively removing one of the biggest headwinds that has weighed on gold prices in recent months.

Trend Analysis:

On the H4 chart, we can see gold has posted a strong rally and continues to trade above the 48 hours moving average. In addition, both the MACD double line and energy bars are expanding around the zero axis. 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]