Hot spot tracking
- US Treasury Secretary Besant: Several major agreements are close to being reached; if countries that received tariff letters fail to reach an agreement, the tariff rates will revert to April levels starting August 1. This news is negative for the US dollar and US stocks.
- According to British media: The US made a last-minute demand, threatening to impose a 17% tariff on European agricultural products. Reports indicate that the EU failed to achieve a breakthrough in trade talks with the US. This news is negative for the euro.
- Yemeni official: A merchant ship was attacked by Houthi forces in the Red Sea. This news is bullish for crude oil and gold.
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▲0.15% 1.17747 1.1779 GBP/USD ▼-0.01% 1.36511 1.36554 AUD/USD ▼-0.32% 0.65496 0.65555 USD/JPY ▼-0.25% 144.562 144.497 GBP/CAD ▲0.14% 1.85733 1.85558 NZD/CAD ▼-0.09% 0.82345 0.82406 📝 Review:Last Friday, the dollar index retreated as the "Big and Beautiful Act" pushed by Trump successfully passed the House of Representatives, fluctuating around the 97 mark and eventually closing down 0.07% at 96.93.🕵️ Operation suggestion:USD/JPY 144.333 Buy Target Price 145.240
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▲0.28% 3334.89 3334.84 Silver ▲0.25% 36.925 36.925 📝 Review:Spot gold fluctuated upward, once returning to $3,340 during the session but failing to stabilize above this level, ultimately closing up 0.35% at $3,337.22 per ounce; spot silver finally closed up 0.25% at $36.93 per ounce.🕵️ Operation suggestion:Gold 3326.13 Sell Target Price 3295.90
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▼-1.04% 65.635 64.835 Brent Crude Oil ▼-0.97% 67.895 67.329 📝 Review:As the market expects OPEC+ to increase production again, both oils have fallen. WTI crude oil plummeted during the European session, hitting a daily low of $65.24, and eventually closed down 1.07% at $65.62 per barrel; Brent crude oil closed down 0.62% at $68.14 per barrel.🕵️ Operation suggestion:WTI Crude Oil 64.943 Sell Target Price 63.281
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▼-0.64% 22706.4 22772.95 Dow Jones ▼-0.47% 44562 44700.4 S&P 500 ▼-0.52% 6237.05 6256.35 US Dollar Index ▼-0.17% 96.59 96.67 📝 Review:Due to the U.S. Independence Day holiday, U.S. stock markets were closed last Friday. European stock indices saw a pullback, with Germany's DAX30 index closing down 0.61%; the UK's FTSE 100 index was flat; and the Euro Stoxx 50 index closed down 1.02%.🕵️ Operation suggestion:Nasdaq 100 22795.250 Buy Target Price 23019.006
Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▲0.43% 108603 109145.7 Ethereum ▲1.16% 2543.3 2585.5 Dogecoin ▲3.79% 0.16992 0.17153 📝 Review:From an overall market trend perspective, the bearish forces in the Bitcoin market currently hold a slight upper hand. As of this writing, Bitcoin is trading below the 109,000-point mark, showing weaker performance today compared to yesterday. Market charts indicate that if the price effectively breaks below the critical support level of 108,500 points, it may trigger an accelerated decline in the short term. Currently, the market is in a sideways consolidation phase with relatively limited trading volatility, but caution is advised regarding potential breakout risks triggered by shifts in market sentiment during the U.S. trading session—if short-term technical support fails to halt the decline effectively, the market may enter a deeper adjustment phase. From a price movement logic standpoint, although a strong breakthrough above the 110,000-point integer mark would open up upward potential, an analysis of current market sentiment and capital flows suggests a significantly higher probability of bearish dominance. This further validates the earlier judgment that yesterday's rebound might have been a bull trap. Technically, the short-term moving average system shows signs of convergence, and the continued contraction in trading volume indicates cautious positioning by both bulls and bears around key levels. Comprehensive analysis suggests that the risk of further adjustments in the Bitcoin market continues to accumulate, particularly highlighting the volatility risks associated with high-leverage short-term trading. In the short term, the market is likely to maintain a wide-range, bearish consolidation pattern. Unless a minor trend shift transitions into a larger cycle, a counter-trend reversal is unlikely. Operationally, maintaining a bearish outlook is recommended, with a focus on the effectiveness of the 108,500-point support level breakdown and the resistance pressure at the 110,000-point mark.🕵️ Operation suggestion:BitCoin 109089.5 Buy Target Price 110306.5
Calendar
- 20:00 (GMT+8): Canada's National Economic Confidence Index for the week ending July 4
- 22:06 (GMT+8): Global June Supply Chain Pressure Index
- 23:30 (GMT+8): US 6-month Treasury Bill Auction on July 7 - Total Amount
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