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21 Feb, 2025
5 minutes

Daily Technical Analysis:EUR/USD、Gold

Welcome to our daily technical analysis of the financial markets, focusing today on EUR/USD and Gold. Let's dissect the latest news, market trends, and crucial price levels to watch out for.


1. EUR/USD Analysis:
News Summary:
The ECB's Governing Council warned of the dangers of a slowdown in inflation amid extreme uncertainty. The European Central Bank has cut interest rates five times since June last year and is widely expected to do so again next month, taking the deposit rate to 2.5%. Policymakers are confident that inflation will fall to their 2% target this year, but some worry that instability in the euro zone economy could drag price growth below that target.

Trend Analysis:
We can see EUR/USD rebounded and moved above the 48 hours moving average on H4 chart. In addition, the MACD double line and energy bar expand near the zero axis. The buy limit could be placed, stop loss is necessary.

Today's Key Price Levels:
Key Support Levels: [1.0420]
Key Resistance Levels: [1.0570]
Pivot Points [1.0460]


2. Gold Analysis:

News Summary:
Gold prices surged to a record high on Thursday, their tenth record high so far this year. Demand for gold was boosted by concerns that U.S. President Trump's tariff threats would trigger a global trade war. Ongoing trade tensions continue to stoke concerns about inflation and economic growth, fueling interest in gold as a safe-haven asset. Trump said he would announce tariffs on lumber, cars, semiconductors and pharmaceuticals next month or sooner.

Trend Analysis:
We can see gold H4 level fluctuated at a high level and ran above the 48 hours moving average. In addition, the MACD double line and energy bar are expanding above the zero axis. The buy limit could be used, stop loss is mandatory.

Today's Key Price Levels:
Key Support Levels: [2900]
Key Resistance Levels: [2960]
Pivot Points [2915]

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