Daily Technical Analysis: AUD/USD, Crude Oil

1. AUD/USD Analysis:
News Summary:
A series of leading indicators of labor market weakness in Australia and New Zealand have worsened, suggesting unemployment is continuing to rise, Goldman Sachs said in a note to clients. Goldman Sachs' future unemployment rate indicator shows that Australia's unemployment rate will rise from the current 4.1% to 4.6% by the end of 2024. In New Zealand, the indicator shows the unemployment rate will worsen further, climbing to 5.6% by mid-2025 from 4.3% currently.

Trend Analysis:
We can see AUD/USD H4 level continues to fall and is still running below the 48 hours moving average. In addition, the MACD double line and energy bar expanded again below the zero axis. The sell limit could be placed, stop loss is necessary.

Today's Key Price Levels:
Key Support Levels: [0.6450]
Key Resistance Levels: [0.6600]
Pivot Points [0.6580]

2. Crude Oil Analysis:

News Summary:
Whether the United States will allow Iran to continue to freely extract oil will depend on who occupies the Oval Office in 2025. A week ago, Trump pledged to reduce Iranian oil exports at the Republican National Convention on July 18. Iran likely wants Harris to win because another Democrat is likely to move forward with Biden's agenda. Crude oil prices have fallen sharply over the past week, with the decline partly due to technical weakness.

Trend Analysis:
We can see crude oil has fallen again and is moving below the 48 hours moving average on H4 chart. Moreover, the MACD double line and histogram bar form dead cross again below the zero axis. The sell limit could be employed, stop loss is mandatory.

Today's Key Price Levels:
Key Support Levels: [76.00]
Key Resistance Levels: [81.00]
Pivot Points [79.40]