Hot spot tracking
- US military attacks targeted Iranian airports and multiple locations along the Strait of Hormuz, with explosions also reported at the important energy hub of Asaluyeh port. The US stated that the strikes targeted radar systems Iran was attempting to rebuild. This news is bullish for the US dollar, gold, crude oil, and the defense sector.
- Eurozone inflation has returned to above 3%, further solidifying expectations of a European Central Bank interest rate hike. This news is positive for the euro.
- Russia has lowered its 2026 oil production forecast to its lowest level in 17 years. This news is bullish for crude oil, ExxonMobil, and Chevron.
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▼-0.220% 1.15922 1.15917 GBP/USD ▼-0.268% 1.35151 1.35141 AUD/USD ▼-0.292% 0.71441 0.71437 USD/JPY ▲0.277% 160.173 160.175 GBP/CAD ▲0.074% 1.87791 1.8779 NZD/CAD ▼-0.144% 0.81836 0.81903 📝 Review:Overnight, short-term US Treasury yields rose again, with the market repricing the possibility of a delayed rate cut by the Federal Reserve. Weak economic data from overseas economies contrasted sharply with the resilience of the US economy, leading to a return of funds to dollar assets. Technically, the price has stabilized above the short-term moving average cluster, confirming a pullback. The 4-hour MACD remains above the zero line, maintaining a bullish structure with moderately increasing histogram volume. The RSI remains in the strong zone without showing overbought conditions, indicating solid support below and a short-term bullish bias.🕵️ Operation suggestion:EUR/USD 1.15876 Sell Target Price 1.15594
USD/JPY 160.198 Buy Target Price 160.853
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▼-2.570% 4328.12 4333.02 Silver ▼-3.745% 64.043 64.29 📝 Review:A stronger US dollar coupled with rising real interest rates suppressed precious metal pricing, leading to a significant decline in safe-haven buying and a continuous reduction in long positions. Physical buying was insufficient to offset the selling pressure in the financial markets. Technically, prices rebounded but encountered resistance before falling back, forming consecutive bearish candlesticks. The 4-hour MACD continues to diverge below the zero line, with the bearish histogram expanding, and the RSI continues to decline. Multiple resistance levels above indicate a clear short-term weakening trend.🕵️ Operation suggestion:Gold 4324.98 Sell Target Price 4235.03
Silver 64.094 Sell Target Price 62.665
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▲4.757% 89.372 89.271 Brent Crude Oil ▲4.334% 94.445 94.294 📝 Review:Geopolitical disturbances have led to a supply risk premium, refined oil consumption data has improved month-on-month, and commercial crude oil inventories are expected to decline, all contributing to a supportive environment for oil prices. Technically, after a deep pullback to a key support level, buying interest emerged, pushing prices back above important moving averages. The 4-hour MACD histogram is shrinking and poised for a golden cross, while the RSI is recovering from its lows. The pullback has not disrupted the upward structure, suggesting continued short-term upward-biased fluctuations.🕵️ Operation suggestion:WTI Crude Oil 89.502 Buy Target Price 91.334
Brent Crude Oil 94.526 Buy Target Price 96.110
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▼-1.243% 29082.15 29064.85 Dow Jones ▼-0.864% 52746.1 52769.2 S&P 500 ▼-0.744% 7633.65 7633.15 US Dollar Index ▲0.249% 99.637 99.654 📝 Review:Rising US Treasury yields pressured growth stock valuations, leading to profit-taking in the AI sector. Funds flowed from overvalued technology stocks to defensive sectors, cooling market risk appetite. Technically, the index failed to break through previous highs, forming consecutive bearish candlestick patterns. A bearish divergence structure formed on the 4-hour chart, the MACD histogram contracted rapidly, and the RSI fell from its high, indicating weakening bullish momentum and potential short-term pullback pressure.🕵️ Operation suggestion:Nasdaq 100 29110.750 Sell Target Price 28683.145
Dow Jones 52786.9 Sell Target Price 52317.3
Calendar
- 20:15 (GMT+8): US August ADP Employment Change
- 22:00 (GMT+8): US July Factory Orders MoM
- 22:30 (GMT+8): US EIA Crude Oil Inventories for the week ending August 28
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