1. EUR/USD Analysis:
News Summary:
It is reported that the EU intends to make concessions to the Trump administration to ensure the partial elimination of US tariffs that have begun to affect EU exports, which will be further increased after April 2. The European Commission, which is responsible for EU trade affairs, has begun to develop a list of terms for a potential agreement, which will list areas for negotiations on punitive trade measures, including reducing the EU's own tariffs, mutual investment with the United States, and relaxing certain regulations and standards.
Trend Analysis:
We can see EUR/USD continued to rebound and ran above the 48 hours moving average on H4 chart. In addition, the MACD double line and histogram bar expand near the zero axis. The buy limit could be placed, stop loss is necessary.
Today's Key Price Levels:
Key Support Levels: [1.0750]
Key Resistance Levels: [1.0920]
Pivot Points [1.0800]
2. Gold Analysis:
News Summary:
Gold will continue to be a long-term buy-and-hold asset as it preserves value and acts as a hedge against volatility in other asset classes. The market remains supported by strong safe-haven demand amid tariff concerns, continued central bank buying, and renewed institutional investor interest in gold-backed exchange-traded funds (ETFs). Uncertainty over the Trump administration’s trade policies is likely to continue to weigh on the dollar, further supporting gold prices.
Trend Analysis:
We can see gold H4 level continues to hit new highs and runs above the 48 hours moving average. Furthermore, the MACD double line and energy bar are gradually expanding above the zero axis. The buy limit could be used, stop loss is mandatory.
Today's Key Price Levels:
Key Support Levels: [3070]
Key Resistance Levels: [3147]
Pivot Points [3090]