Daily Technical Analysis：EUR/USD、USD/JPY

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

1. EUR/USD Analysis:
News Summary:
European Central Bank policymakers said incoming data, especially the latest developments in price growth, suggested the ECB could hit its target this year, which would allow the Governing Council to further cut its key interest rate. The ECB is widely expected to cut interest rates for a fifth consecutive time next week after inflation was seen falling to just over 2% in recent months from double digits in 2022 after the Russia-Ukraine conflict erupted.

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

Today's Key Price Levels:
Key Support Levels: [1.0380]
Key Resistance Levels: [1.0540]
Pivot Points [1.0500]
2. USD/JPY Analysis:

News Summary:
The strong yen has intensified the downward pressure on the US dollar, especially with the recent weakness in economic data and the rise in global risk aversion, the short-term trend of the US dollar against the yen is facing greater uncertainty. The recent rise in global risk aversion has led investors to seek traditional safe-haven assets such as the Japanese yen as asset allocation. Especially in the context of continued tensions between Russia and Ukraine and increasing uncertainty in global trade, the safe-haven demand for the yen has been favored.

Trend Analysis:
We can see USD/JPY H4 level rebounded from the oversold state and still ran below the 48 hours moving average. On the other hand, the MACD energy bar and double line are oscillating below the zero axis. The buy limit could be employed, stop loss is mandatory.

Today's Key Price Levels:
Key Support Levels: [148.20]
Key Resistance Levels: [151.00]
Pivot Points [148.70]