1. EUR/USD Analysis:

News Summary:

The European Central Bank Governing Council member warned that Italian banks may adopt a more cautious lending strategy as ongoing hostilities in the Middle East and intensifying pressure in energy markets weigh on the economic outlook. The link between geopolitical tensions in the Middle East and energy prices is becoming a key factor influencing credit conditions. Italian financial institutions may proactively tighten lending standards to manage potential risk exposures. Risks associated with rising energy prices, tighter financial conditions, and persistent geopolitical uncertainty have so far only been partially reflected in market assessments.

Trend Analysis:

We can see EUR/USD encountered resistance and pulled back on the H4 chart, while continuing 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: [1.1370]

Key Resistance Levels: [1.1550]
Pivot Points [1.1400]

2. Crude Oil Analysis:

News Summary:

The weekly inventory report released by the U.S. Energy Information Administration (EIA) on Wednesday showed that U.S. crude oil inventories fell by 1.7 million barrels last week. Although the decline was smaller than the market expectation of a 2.6 million-barrel drawdown, it still indicated that the supply-demand balance is gradually tightening. However, oil prices did not surge significantly following the bullish data, as the quality of the inventory decline was viewed as relatively weak. The continued release of the Strategic Petroleum Reserve (SPR) and slower growth in crude exports partially offset the positive impact from higher refinery throughput and a rise in refinery utilization to 96.2%.

Trend Analysis:

On the H4 chart, we can see crude oil remained range-bound and continued to trade above the 48 hours moving average. In addition, the MACD double line and energy bars are converging above the zero axis. The buy limit could be placed, stop loss is mandatory.

Today's Key Price Levels:

Key Support Levels: [74.00]

Key Resistance Levels: [85.00]

Pivot Points [77.00]