Hot spot tracking

  • Federal Reserve Beige Book: Economic activity in almost all regions has remained largely unchanged since early September. Manufacturing activity declined in most regions. Bearish for the dollar.
  • The Bank of Canada cut interest rates by 50 basis points, the fourth consecutive rate cut, which is bearish for the Canadian dollar.
  • Sources said the ECB has begun discussing whether interest rates need to be lowered below the neutral level. ECB Governing Council member Centeno: A 50 basis point rate cut is possible at the next meeting. Inflation has been brought under control.

Product Hot Comment

  • Forex
    Product Yesterday's Change Yesterday's Close Today's Open
    EUR/USD -0.15% 1.07817 1.07823
    GBP/USD -0.48% 1.292 1.29189
    AUD/USD -0.76% 0.66363 0.66387
    USD/JPY 1.13% 152.758 152.686
    GBP/CAD -0.31% 1.7876 1.78692
    NZD/CAD -0.54% 0.83054 0.83046
    📝 Review:On Wednesday, the U.S. dollar index continued its upward trend, rising for the 16th time in 18 trading days, as a series of positive economic data prompted the market to lower its expectations for the extent and speed of the Federal Reserve's interest rate cuts. It finally closed up 0.33% at 104.41. U.S. Treasury yields also soared, with the benchmark 10-year Treasury yield closing at 4.2430%; the two-year Treasury yield closed at 4.0950%.
    🕵️ Operation suggestion:

    USD/JPY 152.593  Buy  Target Price  153.298

  • Gold
    Product Yesterday's Change Yesterday's Close Today's Open
    Gold -1.20% 2715.51 2716.46
    Silver -3.31% 33.678 33.666
    📝 Review:After hitting a record high above $2,750, spot gold began to pull back during the European session. It accelerated its decline during the U.S. session, once losing the $2,710 mark. In the end, it closed down 1.21% at $2,715.43 per ounce. Spot silver closed down 3.31% at $33.69 per ounce.
    🕵️ Operation suggestion:

    Gold 2719.31  Sell  Target Price  2690.26

  • Crude Oil
    Product Yesterday's Change Yesterday's Close Today's Open
    WTI Crude Oil -0.41% 70.934 70.94
    Brent Crude Oil -0.46% 74.898 74.895
    📝 Review:Despite the rebound in refining activities, crude oil fell as the increase in US crude oil inventories still exceeded expectations. WTI crude oil fell to around the $70 mark before the US market, then recovered some of its losses and finally closed down 0.52% at $70.89 per barrel; Brent crude oil closed down 0.41% at $74.90 per barrel.
    🕵️ Operation suggestion:

    WTI Crude Oil 71.182  Buy  Target Price  72.251

  • Indice
    Product Yesterday's Change Yesterday's Close Today's Open
    Nasdaq 100 -1.21% 20115.37 20147.87
    Dow Jones -0.82% 42451.2 42465.6
    S&P 500 -0.70% 5802.15 5805.15
    0.00% 17559.3 17559.3
    US Dollar Index 0.33% 104.27 104.3
    📝 Review:The Dow Jones Industrial Average closed down 0.96%, the S&P 500 fell 0.92%, and the Nasdaq fell 1.6%. Trump Media Technology Group (DJT.O) bucked the trend and closed up more than 4%, while Nvidia (NVDA.O) and Apple (AAPL.O) both fell more than 2%. As Q3 net profit and gross profit margin exceeded expectations, Tesla (TSLA.O) rose more than 10% after the US market, while Pinduoduo (PDD.O) fell nearly 5%. The Nasdaq China Golden Dragon Index closed down 1.2%, Alibaba (BABA.N) fell 2.4%, Li Auto (LI.O) rose 3.7%, and New Oriental (EDU.N) fell more than 8%.
    🕵️ Operation suggestion:

    Nasdaq 100 20187.500  Sell  Target Price  19923.514

  • Crypto
    Product Yesterday's Change Yesterday's Close Today's Open
    BitCoin -1.30% 66603.2 66329
    Ethereum -4.56% 2511.1 2500
    Dogecoin -0.29% 0.13929 0.13782
    📝 Review:From the overall market trend, Bitcoin is currently in a seller's market, and the current Bitcoin price has fallen below $66,500. The current market shows that Bitcoin is in a 4-hour decline. To determine whether this will further trigger a decline at the daily level, we need to pay close attention to the consolidation divergence phenomenon on the 30-minute chart to see if it can provide support for the price.
    🕵️ Operation suggestion:

    BitCoin 67016.0  Buy  Target Price  68464.7

Bonus rebate to help investors grow in the trading world!