https://content.tmgm-dev.com/uploads/articles/sYlc3AbFszTUPSaVxxI0z2uJ0dVyX7jSbXwrOyty.png
30 Dec, 2024
5 minutes

Daily Technical Analysis:AUD/USD、Crude Oil

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

1. AUD/USD Analysis:
News Summary:
Minutes of the December policy meeting of the Reserve Bank of Australia released at the end of December showed that the RBA's Board of Governors discussed scenarios of easing policy in the future to promote economic growth or maintain interest rates at current restrictive levels. The Board of Governors believes that both outcomes are possible and decided to keep interest rates unchanged at 4.35%. The agency is more confident that inflation is moving closer to the target level but said that recent data are not enough to change the policy outlook and it’s early to conclude that the fight against inflation has been successful.

Trend Analysis:
We can see AUD/USD fluctuates at a low level and is still running below the 48 hours moving average on H4 chart. In addition, the MACD double line and energy bar converges below the zero axis. The sell limit could be placed, stop loss is necessary.

Today's Key Price Levels:
Key Support Levels: [0.6160]
Key Resistance Levels: [0.6310]
Pivot Points [0.6270]

2. Crude Oil Analysis:

News Summary:
Crude oil markets rallied on the back of a sharp drop in U.S. crude inventories and expectations of a pickup in global demand, especially a larger-than-expected decline in U.S. inventories and China's economic stimulus measures. At the same time, continued tensions between Russia and Ukraine have once again become the focus of market attention, driving concerns about future supply risks. At the same time, refinery crude processing volumes from the U.S. Gulf Coast also increased significantly, reaching levels not seen since 2019.

Trend Analysis:
We can see H4 level of crude oil once again encountered resistance and pulled back and ran above the 48 hours moving average. On the other hand, the MACD double line and energy column forms top divergence near the zero axis. The sell limit could be used, stop loss is mandatory.

Today's Key Price Levels:
Key Support Levels: [68.00]
Key Resistance Levels: [73.00]
Pivot Points [71.70]

Empezar! Regístrate y accede a los Mercados Globales en menos de 3 minutos

Ejecución a velocidad relámpago con soporte al cliente 24/7