Daily Technical Analysis：EUR/USD、Crude Oil

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

1. EUR/USD Analysis:
News Summary:
On Thursday, the European Central Bank cut interest rates for a second consecutive quarter point by 25 basis points amid signs that growth and inflation in the euro zone are weakening. The ECB made no pre-commitment to a specific interest rate path and reiterated that it would continue to take a data-based, meeting-by-meeting approach to determine the appropriate level and duration of restrictions and would maintain restrictive rates as needed. The ECB said that the anti-inflation process is progressing smoothly, and that inflation is expected to fall back to the target level after rising again.

Trend Analysis:
We can see EUR/USD H4 level bottomed out and ran below the 48 hours moving average. In addition, the MACD double line and energy bar converges below the zero axis. Owing to oversold state, the buy limit could be used, stop loss is necessary.

Today's Key Price Levels:
Key Support Levels: [1.0770]
Key Resistance Levels: [1.0910]
Pivot Points [1.0800]

2. Crude Oil Analysis:

News Summary:
Crude oil fell to its lowest level since early October as OPEC cut its global oil demand forecast for 2024 and 2025. This is the third consecutive time that OPEC has lowered its demand growth forecast. The demand growth forecast for 2024 has been reduced from 2.03 million barrels per day to 1.93 million barrels per day. The near-term outlook for oil prices remains negative, given OPEC and IEA cut demand forecasts and bearish technical indicators.

Trend Analysis:
We can see Crude oil rebounded but is still running below the 48 hours moving average. On the other hand, the MACD double line and energy column expanded after the golden cross below the zero axis. The buy limit could be placed, stop loss is mandatory.

Today's Key Price Levels:
Key Support Levels: [67.00]
Key Resistance Levels: [74.00]
Pivot Points [69.00]