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Market News Gold and silver prices rebounded strongly together; international crude oil rose for two consecutive days!
Markets News
Gold and silver prices rebounded strongly together; international crude oil rose for two consecutive days!
TOPONE Markets Analyst2024-05-28 09:34:14
Hot spot tracking
- A rare exchange of fire broke out between Israeli and Egyptian troops at the Rafah crossing
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- Kremlin: NATO is already in direct confrontation with Russia
Product Hot Comment
ForexProduct Yesterday's Change Yesterday's Close Today's Open EUR/USD ▲0.09% 1.08567 1.0857 GBP/USD ▲0.23% 1.27686 1.2768 AUD/USD ▲0.38% 0.66567 0.6658 USD/JPY ▼-0.02% 156.93 156.898 GBP/CAD ▲0.02% 1.74061 1.74047 NZD/CAD ▲0.21% 0.83822 0.83842 📝 Review:While the dollar held steady on Monday, it is expected to post its first monthly loss of the year. The market expects a 50% chance of a 25 basis point interest rate cut in the United States in September, and a 57 basis point rate cut in December. Well-known institutional strategist Christ Weston emphasized that if U.S. core PCE inflation is above 3%, it will push the dollar higher; while below 2.7%, the market may feel relieved.🕵️ Operation suggestion:USD/JPY 156.832 Buy Target Price 157.965
GoldProduct Yesterday's Change Yesterday's Close Today's Open Gold ▲0.68% 2353.77 2351.58 Silver ▲4.75% 31.786 31.617 📝 Review:Gold prices rebounded nearly 1% on Monday, hitting an intraday high of $2,358.40 per ounce and closing at around $2,350.99 per ounce. Investors are taking stock of reduced bets on U.S. interest rate cuts ahead of a key inflation report later this week. From a daily perspective, although gold prices have rebounded for two consecutive trading days, they have not reversed last Thursday's decline. MACD and KDJ dead cross signals are still there. Before breaking through the 10-day moving average of 2376.65, there is still a further downside risk for gold prices in the future.🕵️ Operation suggestion:Gold 2352.64 Buy Target Price 2378.88
Crude OilProduct Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▲1.31% 78.534 78.5 Brent Crude Oil ▲1.10% 82.845 82.8 📝 Review:While oil prices are currently hovering near four-month lows, Brent crude futures and U.S. crude futures rose to $82.42 and $78.25 a barrel respectively. But the market is concerned about demand for the upcoming U.S. driving season.🕵️ Operation suggestion:WTI Crude Oil 78.522 Buy Target Price 79.338
IndiceProduct Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▲0.42% 18892.75 18859.46 Dow Jones ▲0.16% 39136.9 39114 S&P 500 ▲0.23% 5319.06 5313.65 ▼0.00% 17559.3 17559.3 US Dollar Index ▼-0.14% 104.17 104.16 📝 Review:U.S. stocks were closed for one day due to Memorial Day.🕵️ Operation suggestion:Nasdaq 100 18844.08 Buy Target Price 18951.158
CryptoProduct Yesterday's Change Yesterday's Close Today's Open BitCoin ▲1.72% 69674 69812.3 Ethereum ▲1.08% 3888.8 3885.8 Dogecoin ▲1.15% 0.16847 0.16809 📝 Review:Looking at the overall trend, the bears are slightly dominant in the BTC market. In the past two days, it has been fluctuating around the 30-minute moving average of 233, and it is currently below this moving average. The market trend tonight is very critical. Once it fails to break through the moving average, the subsequent market may become very dangerous.🕵️ Operation suggestion:BitCoin 69436.1 Buy Target Price 70680.2
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