📝 Review:Recent US employment and service sector data have cooled, leading the market to increasingly price in further interest rate cuts by the Federal Reserve. This has resulted in lower US Treasury yields and reduced the attractiveness of the US dollar as an asset. Meanwhile, economic recovery in major economies has led to capital inflows into non-US currencies. Technically, the daily price is under pressure from the 20-day moving average (MA20), with weak short-term rebounds and heavy selling pressure within the rebound range, indicating an overall short-term downward bias.

EUR/USD 1.15546  Buy  Target Price  1.15920

USD/JPY 157.669  Sell  Target Price  156.728

📝 Review:A weaker US dollar and lower US Treasury yields provided fundamental support for gold. Persistent global geopolitical risks spurred safe-haven flows into precious metals; meanwhile, physical buying rebounded, with institutions increasing their holdings of gold ETFs. The price action held firm at key support levels, with the four-hour chart showing consistently higher lows. Each pullback was met with buying support, maintaining the bullish trend.

Gold 4266.28  Buy  Target Price  4354.36

📝 Review:Global manufacturing demand remained weak, and expectations for crude oil end-user consumption weakened. The market had already absorbed the support from production cuts by major oil-producing countries, and rising inventory data dampened bullish sentiment, leading speculative funds to significantly reduce their long positions in crude oil. After failing to break through the upper resistance level, oil prices fell under pressure, breaking below short-term moving average support. The RSI indicator retreated from overbought territory, indicating gradually increasing bearish momentum.

WTI Crude Oil 74.102  Sell  Target Price  70.670

Brent Crude Oil 78.610  Sell  Target Price  75.907

📝 Review:Inflationary pressures have eased, concerns about the Federal Reserve tightening monetary policy have subsided, and the artificial intelligence sector has seen a series of positive revenue reports from companies, leading to strong demand for large-cap tech stocks from northbound and institutional investors. The Nasdaq is in an upward channel, making a deep correction unlikely, with active buying at support levels, suggesting a short-term upward trend with fluctuations.

Nasdaq 100 29471.050  Buy  Target Price  29961.809

Dow Jones 54450.4  Buy  Target Price  54762.1