Hot spot tracking
- Reciprocal tariffs officially take effect, Trump: Billions of dollars will start flowing into the U.S. This news is bullish for the dollar.
- EU: The 15% tariff cap will still apply to chip exports to the US. This news is negative for the euro.
- The United States has imposed tariffs on the import of one-kilogram gold bars, which could severely impact Switzerland, the world's largest refining center. This news is bearish for gold.
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▲0.05% 1.16638 1.16647 GBP/USD ▲0.65% 1.34428 1.3439 AUD/USD ▲0.34% 0.6522 0.65187 USD/JPY ▼-0.14% 147.143 147.037 GBP/CAD ▲0.79% 1.8478 1.84593 NZD/CAD ▲0.60% 0.81921 0.81918 📝 Review:On Thursday, as Trump's nomination of a temporary Federal Reserve board member boosted market expectations for a rate cut, the U.S. dollar index plunged during the session, ultimately closing down 0.13% at 98.041. The 10-year Treasury auction unexpectedly weakened, pushing Treasury yields higher, with the benchmark 10-year yield closing at 4.259% and the 2-year yield at 3.736%.🕵️ Operation suggestion:USD/JPY 146.813 Sell Target Price 145.752
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▲0.76% 3395.91 3405.09 Silver ▲1.12% 38.256 38.267 📝 Review:Spot gold rose to a two-week high, boosted by safe-haven sentiment triggered by Trump's tariffs and a weaker dollar, briefly surpassing the $3,400 mark, and finally closed up 0.8% at $3,396.31 per ounce; spot silver finally closed up 0.15% at $38.26 per ounce.🕵️ Operation suggestion:Gold 3397.86 Buy Target Price 3417.73
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▼-0.65% 63.193 63.187 Brent Crude Oil ▼-0.64% 66.126 66.113 📝 Review:Due to the news of Putin's upcoming meeting with Trump, which sparked market expectations of a Russia-Ukraine ceasefire, international crude oil fell for the sixth consecutive trading day. WTI crude oil turned from gains to losses, eventually closing down 0.69% at $63.22 per barrel, hitting a new two-month low; Brent crude oil closed down 0.65% at $66.16 per barrel.🕵️ Operation suggestion:WTI Crude Oil 63.202 Sell Target Price 61.682
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▲0.29% 23423.95 23455.95 Dow Jones ▼-0.53% 44012.9 44059.7 S&P 500 ▼-0.13% 6349.35 6356.85 US Dollar Index ▲0.04% 97.97 97.74 📝 Review:The three major U.S. stock indices were mixed, with the Dow down 0.51%, the S&P 500 down 0.08%, and the Nasdaq up 0.35%. Intel (INTC.O) fell more than 3%, AMD (AMD.O) rose 5.69%, and Apple (AAPL.O) rose more than 3%. The Nasdaq Golden Dragon China Index rose 0.95%, Li Auto (LI.O) and XPeng (XPEV.N) rose nearly 2%, and Alibaba (BABA.N) edged up 0.1%.🕵️ Operation suggestion:Nasdaq 100 23446.050 Buy Target Price 23560.818
Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▲1.86% 117179.3 117094.1 Ethereum ▲5.56% 3873.7 3870.8 Dogecoin ▲6.00% 0.2173 0.21866 📝 Review:From last night to today, Bitcoin's price movement has shown intense volatility, primarily influenced by fluctuations in U.S. stocks and expectations surrounding Federal Reserve policies: initially following the intraday decline in U.S. stocks, it plunged under pressure, briefly testing a key short-term support range, but later stabilized and rebounded amid improving market sentiment. On the news front, Federal Reserve Chair Powell's hawkish stance during the press conference dampened expectations for rate cuts (the probability of a September rate cut dropped to 41%), triggering short-term selling pressure in both U.S. stocks and Bitcoin. However, better-than-expected earnings reports from Microsoft and Meta drove a post-market surge in U.S. stocks, with the positive sentiment spilling over into the cryptocurrency market and boosting Bitcoin's rebound momentum. From a technical perspective, Bitcoin has formed a consolidation pivot around $114,000–$115,000, with narrowing Bollinger Bands intensifying short-term volatility. The RSI briefly touched the oversold zone but did not sustain a downward trend, while the short-term moving averages repeatedly intertwined, reflecting fierce battles between bulls and bears. A key support level lies in the $113,600–$114,000 range (such as the EMA250 support zone), and a breakdown with heavy volume could open the door for further correction. However, stable on-chain capital activity and long-term holder positions (with exchange balances continuing to decline and support from spot ETFs), coupled with spillover optimism from the AI industry chain, have kept Bitcoin resilient overall amid the fluctuations.🕵️ Operation suggestion:BitCoin 117312.1 Buy Target Price 118852.3
Calendar
- 17:00 (GMT+8): Greece July CPI YoY
- 20:30 (GMT+8): Canada July Employment Change
- 22:20 (GMT+8): 2025 FOMC voting member and St. Louis Fed President Moussalem delivers a speech
Bonus rebate to help investors grow in the trading world!
Or try Free Demo Trading