Hot spot tracking
- The overall CPI in the U.S. rebounded slightly in June, while the core CPI fell short of expectations. This news is bearish for the dollar.
- Trump: Reached a trade agreement with Indonesia, imposing a 19% tariff on Indonesian goods exported to the US, while US exports to Indonesia will enjoy tariff-free and non-tariff barrier treatment. This news is negative for the Rupiah.
- U.S. Treasury Secretary Besant: The formal process for selecting a successor to Federal Reserve Chairman Powell has begun, and the selection will proceed at Trump's pace. This news is bearish for the dollar and U.S. stocks.
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▼-0.53% 1.16018 1.15999 GBP/USD ▼-0.34% 1.33839 1.33818 AUD/USD ▼-0.52% 0.65134 0.65123 USD/JPY ▲0.76% 148.835 148.838 GBP/CAD ▼-0.12% 1.83644 1.83494 NZD/CAD ▼-0.32% 0.81553 0.81557 📝 Review:On Tuesday, after a mild inflation report sparked speculation that the Federal Reserve might keep interest rates unchanged for the time being, the U.S. dollar index continued to rise, ultimately closing up 0.54% at 98.596. U.S. Treasury yields climbed, with the benchmark 10-year Treasury yield closing at 4.488%, the 2-year Treasury yield at 3.959%, and the 30-year Treasury yield rising to 5% for the first time since June.🕵️ Operation suggestion:USD/JPY 148.788 Buy Target Price 149.687
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▼-0.59% 3324.68 3324.22 Silver ▼-1.05% 37.671 37.673 📝 Review:Spot gold gave up its intraday gains after the CPI data was released, briefly falling below the $3,320 mark, and finally closed down 0.56% at $3,324.96 per ounce, marking the second consecutive day of decline; spot silver fell back below the $38 mark, finally closing down 1.15% at $37.7 per ounce.🕵️ Operation suggestion:Gold 3330.79 Sell Target Price 3292.83
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▼-0.31% 65.603 65.646 Brent Crude Oil ▼-0.35% 68.237 68.272 📝 Review:Due to Trump's sanctions threat against Russia being accompanied by a 50-day buffer period, which is less severe than the market's previous concerns about immediate supply disruptions, international oil prices continued to decline. WTI crude oil fluctuated lower, ultimately closing down 0.35% at $65.63 per barrel; Brent crude oil closed down 0.39% at $68.26 per barrel.🕵️ Operation suggestion:WTI Crude Oil 65.713 Sell Target Price 64.605
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▲0.08% 22847.65 22838.15 Dow Jones ▼-0.91% 43993.1 43942.7 S&P 500 ▼-0.40% 6235.65 6230.95 US Dollar Index ▲0.53% 98.34 98.29 📝 Review:The three major U.S. stock indexes were mixed, with the Dow Jones down 0.98%, the S&P 500 down 0.4%, and the Nasdaq up slightly by 0.18%. Nvidia (NVDA.O) rose 4%, hitting another closing high, AMD (AMD.O) rose 6.4%, the Nasdaq Golden Dragon China Index rose 2.7%, and Alibaba (BABA.N) rose 8.1%.🕵️ Operation suggestion:Nasdaq 100 22837.850 Buy Target Price 23044.200
Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▼-3.01% 116356.5 117491.4 Ethereum ▲0.99% 3038.7 3078.6 Dogecoin ▼-2.45% 0.19278 0.19549 📝 Review:Bitcoin continued its upward trend on the evening of July 14, breaking through the $120,000 mark and hitting a historic high of $123,091. However, it began to decline on the evening of July 15, reaching $116,188 by 23:15 that day, marking a 24-hour drop of 3.66%. By the early hours of July 16, it had further fallen to around $119,000, with a 24-hour decline of approximately 3.4%, maintaining a volatile trend throughout the day. On the news front, while the GENIUS Act (a stablecoin regulatory framework) and the CLARITY Act (clarifying regulatory authority) under the U.S. "Crypto Week" initiative passed the Senate, they faced obstacles in the House of Representatives, cooling market expectations for regulatory implementation and exacerbating price volatility. Bitcoin spot ETF inflows continued, with a single-day inflow of $301 million on July 15, but data from July 16 showed a slowdown in inflows, shifting market sentiment toward caution. Additionally, although the Trump administration's Bitcoin national reserve plan has included 200,000 BTC, the lack of a clear accumulation plan failed to effectively boost market confidence. Overall, Bitcoin experienced a technical pullback after hitting a historic high, with short-term focus on the $116,829 support level and the $122,000 resistance level. Policy progress and institutional fund movements remain key influencing factors. On the technical front, the daily chart showed a bearish close on July 15 with a long upper shadow, as the price fell below the mid-track support and moving averages turned downward, indicating significant overhead pressure. The 4-hour chart displayed six consecutive bearish candles, with MACD expanding below the zero line and RSI retreating from the overbought zone to 68, signaling a clear weakening of bullish momentum. On the 30-minute timeframe, the shrinking red bars of MACD formed a consolidation divergence, while the overbought RSI at 78 hinted at short-term correction risks.🕵️ Operation suggestion:BitCoin 117583.3 Sell Target Price 114285.9
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