Hot spot tracking

  • The US PPI growth rate exceeded expectations in April. Traders reduce bets on Fed rate cut in September
  • US Fed's Powell expects inflation to fall, though not as confident as before
  • U.S. National Security Advisor Sullivan plans to visit Saudi Arabia and Israel over the weekend, but Israel will not expand its operations before then

Product Hot Comment

  • Forex
    Product Yesterday's Change Yesterday's Close Today's Open
    EUR/USD 0.27% 1.08192 1.08171
    GBP/USD 0.26% 1.25913 1.25901
    AUD/USD 0.31% 0.66295 0.66283
    USD/JPY 0.14% 156.425 156.422
    GBP/CAD 0.12% 1.71867 1.71845
    NZD/CAD 0.28% 0.82445 0.82431
    📝 Review:Market sentiment on USD/JPY is primarily bearish. 72.13% of traders are net short USD/JPY, with a short-long ratio of 2.59:1. This usually indicates a possible rebound. However, the bearish sentiment only dropped slightly by 2.27%, and the increase in net long positions was not as strong as last week. Mixed signals cast doubt on the outlook for USD/JPY.
    🕵️ Operation suggestion:

    USD/JPY 156.541  Buy  Target Price  157.705

  • Gold
    Product Yesterday's Change Yesterday's Close Today's Open
    Gold 0.95% 2357.87 2357.6
    Silver 1.47% 28.589 28.582
    📝 Review:Gold's technical outlook on Monday showed that the daily line closed with a strong negative line, forming a peaking signal and stabilizing at the 20-day moving average. The hourly line fell below the moving average support, showing a short position. The current price of gold is supported near $2,335, and if it falls below, it may return to the range of 2,270-2,235. The trend will be guided by US economic data.
    🕵️ Operation suggestion:

    Gold 2355.89  Buy  Target Price  2377.46

  • Crude Oil
    Product Yesterday's Change Yesterday's Close Today's Open
    WTI Crude Oil -0.89% 78.026 78.043
    Brent Crude Oil -0.86% 82.452 82.492
    📝 Review:Fed officials have said in recent comments that higher rates for longer are needed to lower inflation. Falling crude oil prices weighed on the commodity-linked Canadian dollar.
    🕵️ Operation suggestion:

    WTI Crude Oil 77.784  Sell  Target Price  77.313

  • Indice
    Product Yesterday's Change Yesterday's Close Today's Open
    Nasdaq 100 0.74% 18322.49 18331.23
    Dow Jones 0.34% 39575.8 39581.2
    S&P 500 0.50% 5246.07 5249.05
    0.00% 17559.3 17559.3
    US Dollar Index -0.08% 104.73 104.66
    📝 Review:The Dow Jones Industrial Average closed up 0.32%, the S&P 500 Index rose 0.48%, and the Nasdaq Composite Index rose 0.75%. Alibaba (BABA.N) closed down 6% after the results, WSB concept stocks continued to surge, GameStop (GME.N) rose 62%, closed up 74% yesterday, and AMC Cinemas (AMC.N) rose 32%.
    🕵️ Operation suggestion:

    Nasdaq 100 18331.230  Buy  Target Price  18418.514

  • Crypto
    Product Yesterday's Change Yesterday's Close Today's Open
    BitCoin -2.06% 61566.1 61646.6
    Ethereum -2.00% 2885.1 2888.1
    Dogecoin -2.71% 0.14457 0.14546
    📝 Review:Looking at the overall trend, the bears are clearly dominant in the Bitcoin market. If this decline falls below the initial 60,750 points of yesterday's rise, then the market will become less optimistic. At present, the bulls are still holding strong at the 30min 233 moving average, and the position here is very important.
    🕵️ Operation suggestion:

    BitCoin 61570.6  Sell  Target Price  60495.6

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