Hot spot tracking
- The Federal Reserve has kept interest rates unchanged for the third consecutive time. This news is positive for the dollar.
- The Trump administration plans to lift the Biden-era AI chip restrictions. This news is bullish for U.S. chip stocks.
- Germany's defense minister plans to increase annual defense spending to more than 60 billion euros starting in 2025. This news is positive for the euro.
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▼-0.63% 1.13007 1.13122 GBP/USD ▼-0.64% 1.32918 1.32949 AUD/USD ▼-1.02% 0.64269 0.64299 USD/JPY ▲0.99% 143.83 143.774 GBP/CAD ▼-0.09% 1.83901 1.83928 NZD/CAD ▼-0.67% 0.82173 0.82211 📝 Review:On Wednesday, as the Fed held steady and Powell reiterated a willingness to wait for clearer prospects before acting, the dollar index strengthened, ultimately closing up 0.47% at 99.86. The benchmark 10-year U.S. Treasury yield closed at 4.2740%, while the more policy-sensitive two-year yield ended at 3.7870%.🕵️ Operation suggestion:USD/JPY 143.748 Buy Target Price 145.952
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▼-1.97% 3364.48 3365 Silver ▼-2.35% 32.439 32.381 📝 Review:Due to market optimism about trade negotiations and a stronger dollar, spot gold fell by more than $60 during the day, closing down 2.12% at $3,364.07 per ounce; spot silver closed down 2.28% at $32.43 per ounce.🕵️ Operation suggestion:Gold 3384.54 Sell Target Price 3301.96
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▼-1.73% 57.679 57.659 Brent Crude Oil ▼-1.65% 60.847 60.821 📝 Review:Hopes of a nuclear deal between Iran and the U.S. eased market concerns about reduced crude oil supply, with WTI crude oil finally closing down 1.81% at $57.91 per barrel; Brent crude oil closed down 1.76% at $60.92 per barrel.🕵️ Operation suggestion:WTI Crude Oil 57.766 Buy Target Price 59.622
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▼-0.55% 19887.725 19862.775 Dow Jones ▼-0.03% 41114.7 41068.6 S&P 500 ▼-0.42% 5630.25 5626.325 US Dollar Index ▲0.39% 99.67 99.68 📝 Review:The Dow Jones Industrial Average rose 0.7%, the S&P 500 gained 0.4%, and the Nasdaq Composite climbed 0.27%. Chip stocks surged late in the session on news, with Nvidia (NVDA.O) closing up 3.1% and TSMC (TSM.N) rising over 1%. Zeekr (ZK.N) jumped 11.5%. The Nasdaq Golden Dragon China Index fell 2.3%, with Alibaba (BABA.N) dropping 3.5%.🕵️ Operation suggestion:Nasdaq 100 19874.725 Buy Target Price 20180.021
Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▲2.20% 96704.3 97058.1 Ethereum ▲1.26% 1796 1800.5 Dogecoin ▲1.23% 0.16987 0.17129 📝 Review:From the overall trend, Bitcoin's market shows a slight advantage for the bulls. As of the time of writing, Bitcoin's price is below the 97,500-point level. Currently, Bitcoin has once again shown short-term strength, but it is relatively difficult to form a reversal pattern in this market. Therefore, until a strong daily-level top divergence appears on Bitcoin's daily chart, it is temporarily not recommended to consider shorting. Meanwhile, Ethereum's exchange rate remains between the 144-day and 233-day moving averages. Once it successfully breaks through the 233-day moving average in the future, Ethereum is expected to experience another upward rebound, and the situation for altcoins is roughly the same. Personally, although Bitcoin's current trend is stronger than Ethereum's, a structural analysis suggests that if the market rises further, Ethereum's gains may surpass Bitcoin's. At this stage, it is still necessary to maintain a bullish mindset while acknowledging market fluctuations. For Ethereum and altcoins, they can be seen as playing catch-up. Therefore, when the market shows signs of movement, it is advisable to follow the trend.🕵️ Operation suggestion:BitCoin 97029.1 Buy Target Price 98187.1
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