1. USD/JPY Analysis:

News Summary:

USD/JPY fluctuated repeatedly around the 162.00 level. Due to the Japanese market holiday on Monday, overall trading liquidity was relatively low, resulting in limited price movements. However, the pair remains close to the 40-year high reached earlier in July, indicating that the long-term upward trend of USD/JPY remains intact. The main factor limiting the yen’s recent recovery has been the persistent interest rate differential between Japan and other major economies.

Trend Analysis:

We can see USD/JPY is consolidating at high levels on the H4 chart and continues to trade above the 48 hours moving average. Meanwhile, the MACD double line and histogram bars are contracting near the zero axis. The buy limit could be set, stop loss is necessary.

Today's Key Price Levels:

Key Support Levels: [161.70]

Key Resistance Levels: [163.80]
Pivot Points [162.00]

2. Gold Analysis:

News Summary:

International gold prices edged higher on Tuesday, mainly supported by rising oil prices, increasing inflation expectations, and the Federal Reserve’s continued inclination to maintain a higher interest rate environment. Markets are closely monitoring the impact of ongoing Middle East tensions on energy prices, while investors are reassessing the Fed’s future policy path. A relatively strong U.S. dollar, however, has limited the upside potential for gold. Meanwhile, safe-haven demand may continue to provide some support for precious metals.

Trend Analysis:

On the H4 chart, we can see gold is rebounding from lower levels and is trading near the 48 hours moving average. In addition, 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: [3970]

Key Resistance Levels: [4120]

Pivot Points [4000]