Hot spot tracking
- Fed meeting minutes: Risks of rising unemployment and inflation have increased. This news is negative for the US dollar and US stocks.
- Trump: US-Iran nuclear deal may be reached "in the coming weeks," warns Israel not to attack Iran. This news is bearish for crude oil.
- OPEC+ plans to use 2025 production as the benchmark for 2027 production. This news is bearish for crude oil.
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▼-0.35% 1.1292 1.12957 GBP/USD ▼-0.30% 1.34683 1.3468 AUD/USD ▼-0.29% 0.64288 0.6426 USD/JPY ▲0.39% 144.83 144.819 GBP/CAD ▼-0.05% 1.86359 1.86185 NZD/CAD ▲0.51% 0.82529 0.82509 📝 Review:On Wednesday, the dollar index closed higher for the second consecutive day as market pessimism about the U.S. economy eased and demand for Japan's 40-year government bond auction weakened. The index briefly approached the 100 mark during the session, ultimately closing up 0.3% at 99.89. The benchmark 10-year U.S. Treasury yield closed at 4.483%, while the more policy-sensitive two-year Treasury yield settled at 4.00%.🕵️ Operation suggestion:USD/JPY 145.845 Buy Target Price 147.774
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▼-0.37% 3288.67 3287.99 Silver ▼-0.89% 32.948 32.952 📝 Review:Spot gold fluctuated intraday, briefly returning above the 3320 level during the European session, but gave up all its gains and turned lower before the U.S. session, falling below $3280 at one point, and finally closed down 0.41% at $3286.61 per ounce. Spot silver closed down 0.9% at $32.94 per ounce.🕵️ Operation suggestion:Gold 3259.06 Sell Target Price 3214.77
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▲1.23% 61.605 61.588 Brent Crude Oil ▲0.87% 64.276 64.256 📝 Review:Oil prices rebounded as OPEC+ maintained production levels and U.S. authorities banned Chevron from exporting Venezuelan crude. WTI crude briefly rose above $62 during the session but later gave up some gains, ultimately closing up 1.19% at $61.58 per barrel; Brent crude rose 0.93% to close at $64.29 per barrel.🕵️ Operation suggestion:WTI Crude Oil 62.058 Buy Target Price 63.153
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▼-0.37% 21324.525 21459.35 Dow Jones ▼-0.55% 42141.9 42103.9 S&P 500 ▼-0.59% 5888.025 5909.4 US Dollar Index ▲0.38% 99.63 100.13 📝 Review:The three major U.S. stock indices weakened in late trading, with the Dow closing down 0.58%, the S&P 500 down 0.56%, and the Nasdaq Composite down 0.51%. Trump Media & Technology Group (DJT.O) fell nearly 7%, GameStop (GME.N) dropped 10.8%, Nvidia (NVDA.O) declined 0.5%, and Pinduoduo (PDD.O) fell nearly 5%. The Nasdaq Golden Dragon China Index closed down 0.7%, with Alibaba (BABA.N) dropping over 2%.🕵️ Operation suggestion:Nasdaq 100 21689.575 Sell Target Price 21881.043
Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▼-1.47% 107255.7 107433.2 Ethereum ▼-1.07% 2632.2 2650.1 Dogecoin ▼-3.18% 0.21868 0.2194 📝 Review:From the overall trend, the bearish forces in the Bitcoin market are slightly dominant. As of the time of writing, the Bitcoin price is still hovering below the 109,500 mark. Although the second type of selling point on the 4-hour chart was formed last night, the market did not reverse and decline as quickly as expected, which is slightly puzzling. At the same time, although Ethereum showed relative strength last night, it failed to break through the daily high, with strong resistance above and a clear trend structure already visible on the 4-hour chart. Technical indicators suggest a risk of a deep correction, but the current market is unfolding in a prolonged sideways pattern, with no clear direction yet. I personally believe that both Bitcoin and Ethereum are currently facing extremely strong resistance above, and the market is approaching a critical turning point. Under the current circumstances, it is essential to remain calm and avoid blindly chasing rallies or selling off. The wisest strategy is to patiently wait for the market to clearly break out of the current range, and then make corresponding decisions based on the market movements. A wait-and-see approach would be more prudent.🕵️ Operation suggestion:BitCoin 107763.8 Buy Target Price 110744.0
Calendar
- 20:30 (GMT+8): U.S. Q1 Real GDP Annualized QoQ Revised Value
- 20:30 (GMT+8): U.S. Initial Jobless Claims for the Week Ending May 24
- 22:00 (GMT+8): U.S. Seasonally Adjusted Pending Home Sales Index MoM for April
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