1. AUD/USD Analysis:

News Summary:

The process of cooling inflation has encountered renewed obstacles, with surging oil prices emerging as a key factor disrupting the broader economic outlook. The Deputy Governor of the Reserve Bank of Australia issued an unusual warning this week that although monetary tightening has begun to take effect, the inflation outlook has continued to deteriorate, leaving the possibility of another interest rate hike next month uncertain. Central bank economists are still finalizing their economic forecasts for the current quarter, but current indications suggest that the inflation outlook has indeed worsened, with elevated oil prices being one of the major contributing factors.

Trend Analysis:

On the H4 chart, we can see AUD/USD has experienced a fluctuating pullback but remains above the 48 hours moving average. Meanwhile, the MACD double line and histogram bars are expanding above the zero axis. The buy limit could be placed, stop loss is necessary.

Today's Key Price Levels:

Key Support Levels: [0.6950

Key Resistance Levels: [0.7070]
Pivot Points [0.6980]

2. Gold Analysis:

News Summary:

HSBC Asset Management stated that gold’s strong rally earlier this year has stalled, with prices declining and volatility increasing. Gold failed to protect investment portfolios during the recent stock market downturn, as leveraged positions were liquidated to meet margin calls. Nevertheless, HSBC continues to view gold as a strategically valuable asset allocation, citing factors such as the currency debasement trade, central bank reserve diversification, and geopolitical fragmentation.

Trend Analysis:

We can see gold has experienced a sharp decline and is trading below the 48 hours moving average on the H4 chart. However, the MACD double line and energy bars are gradually converging below the zero axis. The buy limit could be set, stop loss is mandatory.

Today's Key Price Levels:

Key Support Levels: [3940]

Key Resistance Levels: [4070]

Pivot Points [3980]