Daily Technical Analysis：GBP/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:
The European Central Bank's Governing Council has warned that the euro zone may be at risk of unknowingly cutting interest rates too much. The ECB must remain vigilant and avoid cutting interest rates all the way to 2% without fully assessing economic data. The market generally expects the ECB to cut its benchmark deposit rate to 2% from the current 2.75% before the end of the year. This expectation stems from signs of weakening economic growth in the euro zone.

Trend Analysis:
We can see EUR/USD fluctuated and fell and was running 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: [1.0400]
Key Resistance Levels: [1.0550]
Pivot Points [1.0510]

2. USD/JPY Analysis:

News Summary:
At the beginning of 2025, the interest rate difference between the United States and Japan will still be a key factor driving the trend of the yen. However, there has been a clear change recently, with USD/JPY now more sensitive to moves in Japanese bond yields than US yields, contrary to what has been the case for much of the past year. Data corroborates this, showing a stronger correlation between USD/JPY and Japanese government bonds, especially at the longer end of the yield curve.

Trend Analysis:
We can see USD/JPY fluctuated and ran below the 48 hours moving average on H4 chart. On the other hand, the MACD energy bar and double line are expanding below the zero axis. The buy limit could be placed, stop loss is mandatory.

Today's Key Price Levels:
Key Support Levels: [148.70]
Key Resistance Levels: [151.30]
Pivot Points [149.20]