Hot spot tracking
- The number of US February Challenger Job Cuts surged 245.45% YoY to a new high since July 2020. The news was negative for the US dollar and US stocks.
- The U.S. trade account in January recorded the largest trade deficit on record, Canada's January trade surplus with the U.S. is also a record. This news is positive to the Canadian dollar.
- Federal Reserve Board member Waller believes that no rate cut is needed in March and that the expectation of 2 rate cuts this year is still reasonable. This news is positive to the dollar.
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▼-0.04% 1.07854 1.07905 GBP/USD ▼-0.08% 1.28808 1.28806 AUD/USD ▲0.00% 0.63353 0.63352 USD/JPY ▼-0.57% 147.978 147.963 GBP/CAD ▼-0.33% 1.841 1.84031 NZD/CAD ▼-0.11% 0.81952 0.81946 📝 Review:On Thursday, as the market is still worried about the U.S. growth, the dollar index closed lower for the fourth consecutive trading day, once fell below 104 during the session, as low as 103.74, another nearly 4 months low, but recovered some of the lost ground at the end of the session, and ultimately closed down 0.12% at 104.2.🕵️ Operation suggestion:USD/JPY 147.788 Sell Target Price 147.276
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▼-0.30% 2910.78 2911.14 Silver ▲0.01% 32.618 32.64 📝 Review:Spot gold oscillated broadly, once surging above $2,920 during the session, then quickly retracing all the gains and falling below the $2,900 mark, but recovering most of the lost ground late in the session, eventually closing down 0.28% at $2,911.02 /ounce.🕵️ Operation suggestion:Gold 2900.38 Buy Target Price 2931.08
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▼-0.15% 66.019 66.035 Brent Crude Oil ▼-0.01% 69.238 69.255 📝 Review:Pressured by the US tariff war and OPEC+'s plan to raise production, the two oils were caught in a shakeout. WTI crude hovered around $66, eventually closing 0.13% lower at $66.02/bbl.🕵️ Operation suggestion:WTI Crude Oil 66.016 Sell Target Price 65.389
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▼-2.40% 20084.65 20137.05 Dow Jones ▼-0.85% 42647 42606.9 S&P 500 ▼-1.55% 5749.35 5753.35 US Dollar Index ▼-0.16% 103.98 103.99 📝 Review:U.S. stocks closed down 0.99% on the Dow, 1.78% on the S&P 500, and 2.61% on the Nasdaq. NVIDIA (NVDA.O) fell 5.7% to a new low since September of last year, while Tesla (TSLA.O) dropped 5.6% and Amazon (AMZN.O) fell more than 3%.🕵️ Operation suggestion:Nasdaq 100 20153.550 Sell Target Price 19956.336
Crypto
Product Yesterday's Change Yesterday's Close Today's Open BitCoin ▼-0.63% 89820.5 90282.5 Ethereum ▼-1.11% 2211 2210 Dogecoin ▼-1.54% 0.20113 0.2021 📝 Review:Looking at the most recent candlestick charts, trading volume shows a significant decrease in activity compared to the previous few hours. At the same time, the price is rising, but the drop in volume suggests that the upward momentum is weakening. From a technical analysis point of view, the MACD bar chart continues to be negative but the bars are getting shorter and shorter, which suggests that the bulls are gradually gaining strength and the market is potentially moving in a bullish direction. There is no KDJ Golden Cross or Dead Cross signal, and the overall situation is neutral. the KDJ value is 80, which is close to the overbought area, but no clear buy/sell signal has been formed. Prices are rising but trading volume is falling, this kind of volume-price divergence suggests that there is not enough upward momentum, which may indicate that the price increase will not be sustainable.🕵️ Operation suggestion:BitCoin 90325.1 Sell Target Price 87954.7
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