Hot spot tracking
- The EU has passed a $93 billion counter-tariff plan against the US. If no agreement is reached, the measures will take effect on August 7. This news is negative for the dollar.
- Clashes occurred in the disputed area on the Thailand-Cambodia border, with both sides accusing the other of firing first. This news is bullish for crude oil and gold.
- Trump denies wanting to destroy Musk's company and wishes him prosperity. This news is bullish for Tesla.
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▼-0.16% 1.17496 1.17459 GBP/USD ▼-0.52% 1.35112 1.35089 AUD/USD ▼-0.12% 0.65895 0.6589 USD/JPY ▲0.35% 147.011 147.096 GBP/CAD ▼-0.25% 1.84161 1.8419 NZD/CAD ▲0.03% 0.82189 0.82273 📝 Review:On Thursday, benefiting from progress in funds between the United States and its trading partners, the dollar index ended its four-day decline, ultimately closing up 0.3% at 97.5. U.S. Treasury yields continued their rebound, with the benchmark 10-year yield closing at 4.402% and the 2-year yield at 3.931%.🕵️ Operation suggestion:USD/JPY 147.068 Buy Target Price 147.722
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▼-0.62% 3368.44 3368.05 Silver ▼-0.59% 39.041 39.042 📝 Review:Signs of easing global trade tensions dampened demand for safe-haven assets, leading spot gold to decline for a second consecutive session, ultimately closing down 0.55% at $3,368.66 per ounce. Spot silver fluctuated around the $39 mark, ending the day down 0.52% at $39.06 per ounce.🕵️ Operation suggestion:Gold 3368.70 Buy Target Price 3350.99
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▲1.03% 65.923 65.922 Brent Crude Oil ▲0.73% 68.527 68.537 📝 Review:International oil prices rebounded as expectations of reduced Russian gasoline exports overshadowed news that the U.S. allowed Chevron to resume oil extraction in Venezuela. WTI crude oil stabilized above the $65 mark, closing up 1.12% at $65.95 per barrel; Brent crude rose 0.75%, closing at $68.57 per barrel.🕵️ Operation suggestion:WTI Crude Oil 65.931 Buy Target Price 66.845
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▼-0.02% 23239.35 23261.25 Dow Jones ▼-0.46% 44708.5 44787.7 S&P 500 ▼-0.00% 6367.55 6375.75 US Dollar Index ▲0.29% 97.2 97.18 📝 Review:The three major U.S. stock indices were mixed, with the Dow closing down 0.7%, the S&P 500 slightly up, and the Nasdaq Composite up 0.18%. American Airlines Group (AAL.O) and Southwest Airlines (LUV.N) both fell around 10%, Nvidia (NVDA.O) rose 1.7%, and Tesla (TSLA.O) fell 8.2%. The Nasdaq Golden Dragon China Index closed down 1.54%, with Bilibili (BILI.O) falling over 4% and NetEase (NTES.O) down 3%.🕵️ Operation suggestion:Nasdaq 100 23261.050 Buy Target Price 23407.900
Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▲0.46% 118659.5 118465 Ethereum ▲4.01% 3733.2 3723.6 Dogecoin ▲1.04% 0.23966 0.23573 📝 Review:Observing Ethereum's 5-minute secondary trend chart before and after the 4-hour T1 phase reveals: During the climb from 2500 points to 3040 points, the market consistently remained above the 5-minute 233 moving average, with several pullbacks failing to break below it. After the first break below, the initial 21% rise was accompanied by only a 4.5% pullback, with the lowest point at 2902 points—such a pullback is almost negligible compared to the rise. On the 30-minute level, this phase was merely a sideways consolidation, making it difficult to judge whether the market would reverse here; unless under extreme conditions, even if new highs were reached later, the gains would typically be limited, but Ethereum's performance this time was entirely different. In the subsequent second phase of the 5-minute uptrend, the market rose from 2930 points to 3674 points, closely resembling the first phase: consistently above the 5-minute 233 moving average, with pullbacks failing to break it. This phase saw a 25% rise, with the pullback still only around 5.4%, and the lowest point at 3476 points. The third phase of the 5-minute uptrend followed, with the market rising from 3525 points to 3857 points, replicating the previous two phases, with a 9.4% rise; the current pullback has reached 9%, with the lowest point at 3505 points. It is evident that Ethereum's performance on July 24 showed signs of fatigue, as this pullback exceeded the corresponding rise for the first time—a signal that warrants close attention in subsequent market movements.🕵️ Operation suggestion:BitCoin 118359.1 Buy Target Price 120690.7
Calendar
- 16:00 (GMT+8): Eurozone June Seasonally Adjusted M3 Money Supply Annual Rate
- 16:30 (GMT+8): Germany's July IFO Business Climate Index
- 20:30 (GMT+8): US June Durable Goods Orders MoM Preliminary
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