Hot spot tracking
- A U.S.-Canada agreement may be reached next week, Canadian Prime Minister: If the negotiations fail to succeed, preparations will be made to take retaliatory measures against the United States. This news is negative for the Canadian dollar.
- US May ADP employment increased by 37,000, far below the expected 110,000, and the previous value was 62,000. This news is bearish for the dollar.
- The U.S. ISM Non-Manufacturing Index fell to 49.9 in May, contracting for the first time in nearly a year, compared with expectations of an increase from 51.6 to 52. This news is bearish for the dollar.
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▲0.34% 1.14167 1.14153 GBP/USD ▲0.27% 1.35538 1.35494 AUD/USD ▲0.42% 0.64948 0.6492 USD/JPY ▼-0.84% 142.752 142.757 GBP/CAD ▲0.03% 1.8537 1.8516 NZD/CAD ▲0.18% 0.82401 0.82368 📝 Review:On Wednesday, as weak U.S. economic data raised expectations for interest rate cuts, the dollar index fell below the 99 mark, returning to a six-week low, and finally closed down 0.42% at 98.813. U.S. Treasury yields plummeted, with the benchmark 10-year Treasury yield closing at 4.359% and the 2-year Treasury yield at 3.883%.🕵️ Operation suggestion:USD/JPY 142.635 Sell Target Price 140.532
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▲0.54% 3372.63 3373.72 Silver ▼-0.04% 34.481 34.489 📝 Review:The weakening U.S. dollar pushed spot gold to rebound. After data showed the U.S. services sector contracted for the first time in a year, gold's gains expanded rapidly, eventually closing up 0.61% at $3,373.72 per ounce; spot silver closed down 0.03% at $34.492 per ounce.🕵️ Operation suggestion:Gold 3375.25 Buy Target Price 3441.08
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▼-1.06% 62.137 62.143 Brent Crude Oil ▼-1.15% 64.644 65.393 📝 Review:Reports that Saudi Arabia plans to push OPEC+ to continue significant production increases caused international crude oil prices to plummet during trading. WTI crude oil briefly fell below the $62 mark, ultimately closing down 1.05% at $62.17 per barrel; Brent crude oil closed down 1.15% at $64.67 per barrel.🕵️ Operation suggestion:WTI Crude Oil 61.978 Sell Target Price 60.601
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▲0.22% 21718.075 21718.225 Dow Jones ▼-0.34% 42405.1 42425.9 S&P 500 ▼-0.12% 5967.325 5968.925 US Dollar Index ▼-0.36% 98.53 98.89 📝 Review:The three major U.S. stock indexes were mixed, with the Dow Jones Industrial Average closing down 0.22%, the S&P 500 edging slightly higher, and the Nasdaq Composite rising 0.32%. Tesla (TSLA.O) fell 3.5%, while Nvidia (NVDA.O) rose 0.5%. The Nasdaq Golden Dragon China Index closed up 2.04%, with Alibaba (BABA.N) rising 3.8%.🕵️ Operation suggestion:Nasdaq 100 21703.750 Buy Target Price 21805.275
Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▼-0.72% 104547.4 104868.1 Ethereum ▲0.64% 2603.5 2616.5 Dogecoin ▼-2.09% 0.18784 0.18913 📝 Review:From the overall trend, the bullish force in the Bitcoin market is relatively strong. As of the time of writing, the Bitcoin price remains below the 106,000 mark. Today's rebound on the 4-hour chart is still suppressed by the 144 moving average, failing to achieve a strong breakout. If the U.S. market session fails to sustain yesterday's rebound momentum in the evening, the 4-hour chart may initiate a downward trend, which is a high-probability event. At that time, the market will form a three-wave pattern of a + b + c on the 4-hour chart, and then the divergence strength between wave a and wave c needs to be judged. Personally, the Bitcoin market is still in a downtrend and has not yet broken the downward structure. It is advisable to patiently wait for further development of the trend structure. It is expected that within the next two days, the market will inevitably break the sideways range. Short-term traders must remain cautious and avoid blindly chasing rallies or selling off.🕵️ Operation suggestion:BitCoin 104661.2 Sell Target Price 101796.8
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