1. EUR/USD Analysis:

News Summary:

Société Générale said in a report that the decline in EUR/USD may at least begin to slow. The currency pair recently fell to its lowest level in a year as expectations for further Federal Reserve rate hikes strengthened while market bets on additional European Central Bank tightening eased. The euro has now broken below the 1.14–1.20 range that contained price action for most of the past year, a move that could also limit the scope for further downside.

Trend Analysis:

On the H4 chart, we can see EUR/USD has resumed its decline and continues to trade below the 48 hours moving average. However, both the MACD double line and histogram bars are showing convergence below the zero line. The buy limit could be set, stop loss is necessary.

Today's Key Price Levels:

Key Support Levels: [1.1300]

Key Resistance Levels: [1.1450]
Pivot Points [1.1330]

2. Gold Analysis:

News Summary:

The gold market is approaching a critical turning point. Uncertainty surrounding the Federal Reserve's policy outlook, the persistent strength of the U.S. dollar, and easing geopolitical tensions that have helped restore supply are all contributing to short-term downside pressure. Thursday's PCE inflation report will be a key catalyst. A softer-than-expected reading could temporarily ease expectations for further rate hikes, while a stronger print may keep gold under pressure. Nevertheless, continued central bank gold purchases, the potential resurgence of geopolitical risks, and ongoing global economic uncertainty continue to provide structural support for the precious metal.

Trend Analysis:

We can see gold has resumed its decline and continues to trade below the 48 hours moving average on the H4 chart. On the other hand, the MACD double line and energy bars are converging below the zero axis. The buy limit could be placed, stop loss is mandatory.

Today's Key Price Levels:

Key Support Levels: [3930]

Key Resistance Levels: [4097]

Pivot Points [3950]