Daily Technical Analysis: EUR/USD, Crude Oil

The EUR/USD pair is seeing increased speculation of a potential 25 basis point interest rate cut by the European Central Bank due to a weakening euro zone economy, with key levels set at 1.1110 support and 1.1270 resistance.

1. EUR/USD Analysis:
News Summary:
Investors are increasingly convinced that European Central Bank policymakers will cut interest rates next month in response to the weakening economic outlook for the euro zone. Money market pricing suggests there is about a 50% chance of a 25 basis point rate cut by the ECB in October, up from about 20% last week. Data released this week showed the euro zone's private sector economy shrank for the first time since March.

Trend Analysis:
We can see EUR/USD H4 level fluctuates and climbs and runs above the 48 hours moving average. In addition, the MACD double line and energy column expanded after the golden cross near the zero axis. The buy limit could be placed, stop loss is necessary.

Today's Key Price Levels:
Key Support Levels: [1.1110]
Key Resistance Levels: [1.1270]
Pivot Points [1.1150]
2. Crude Oil Analysis:

News Summary:
The Chinese government has provided lightning-fast policy support for the economy and the situation in the Middle East is highly tense. All these geopolitical factors are causing oil prices to rise further. In addition, another hurricane also threatened supplies from the United States, the world's largest crude producer, boosting oil prices. Crude oil markets have been clamoring for further easing measures from Chinese authorities to combat the economic slowdown. Tuesday's announcement will go some way to removing downside risks for crude oil prices.

Trend Analysis:
We can see crude oil oscillates upward and moves above the 48 hours moving average. On the other hand, the MACD double line and energy column converge above the zero axis. The buy limit could be used, stop loss is mandatory.

Today's Key Price Levels:
Key Support Levels: [68.20]
Key Resistance Levels: [75.30]
Pivot Points [70.00]