Hot spot tracking

  • The preliminary U.S. Consumer Confidence Index for March dropped to 57.9 from 64.7 a month earlier, marking the third consecutive month of decline and hitting the lowest level since November 2022. This news is bearish for the dollar.
  • US consumers expect the annual inflation rate for the next 5-10 years to be 3.9%, up 0.4 percentage points from last month's forecast, the highest level in over 30 years. The expected annual inflation rate for the next year is 4.9%, the highest level since 2022. This news is bearish for the US dollar.
  • The total market value of gold remains the highest in the world, while the total market value of Bitcoin has dropped to ninth. This news is bullish for gold and bearish for digital currencies.

Product Hot Comment

  • Forex
    Product Yesterday's Change Yesterday's Close Today's Open
    EUR/USD 0.27% 1.08825 1.08804
    GBP/USD -0.11% 1.2935 1.29326
    AUD/USD 0.67% 0.6329 0.63283
    USD/JPY 0.60% 148.644 148.762
    GBP/CAD -0.59% 1.85777 1.85683
    NZD/CAD 0.37% 0.82568 0.82541
    📝 Review:Last Friday, the U.S. Dollar Index surged and then fell back, still hovering near its lowest level in over four months, ultimately closing down 0.135% at 103.7.
    🕵️ Operation suggestion:

    USD/JPY 148.773  Buy  Target Price  150.151

  • Gold
    Product Yesterday's Change Yesterday's Close Today's Open
    Gold -0.13% 2983.95 2984.65
    Silver -0.53% 33.719 33.84
    📝 Review:Driven by the risk-aversion trend, spot gold hit a historic high of $3004.91 during the session, then gave up all its intraday gains, and finally closed down 0.11% at $2984.42 per ounce.
    🕵️ Operation suggestion:

    Gold 2990.53  Buy  Target Price  3004.79

  • Crude Oil
    Product Yesterday's Change Yesterday's Close Today's Open
    WTI Crude Oil 0.61% 66.886 67.08
    Brent Crude Oil 0.62% 70.195 70.702
    📝 Review:As traders weighed the complex prospects of a ceasefire negotiation between Russia and Ukraine, international oil prices rebounded, reversing the weekly decline and marking the first weekly gain in nearly two months. WTI crude oil rose by 0.54%, closing at $66.9 per barrel.
    🕵️ Operation suggestion:

    WTI Crude Oil 67.592  Buy  Target Price  68.255

  • Indice
    Product Yesterday's Change Yesterday's Close Today's Open
    Nasdaq 100 1.91% 19676.9 19629.42
    Dow Jones 1.37% 41461.1 41428.1
    S&P 500 1.65% 5633.35 5623.45
    US Dollar Index -0.15% 103.51 103.54
    📝 Review:The three major U.S. stock indices collectively closed higher, with the Dow Jones up 1.65%, the S&P 500 up 2.13%, and the Nasdaq up 2.61%. Nvidia rose more than 5%, Tesla rose 3.86%, and Apple rose about 1.8%.
    🕵️ Operation suggestion:

    Nasdaq 100 19574.025  Sell  Target Price  19257.463

  • Crypto
    Product Yesterday's Change Yesterday's Close Today's Open
    BitCoin -1.33% 83154.5 82687.4
    Ethereum -2.19% 1892.7 1886.9
    Dogecoin -3.85% 0.16868 0.16785
    📝 Review:The current trend of Bitcoin is showing a certain subtlety. It seems to be temporarily constrained by the 233 moving average on the 30-minute chart, and whether it can strongly break through the key level of 83,500 points tonight is worth our close attention. Looking back to before the opening of the US market last night, Bitcoin's price once broke through this level, but the good times didn't last long, as it started a downward journey along the 5 moving average, dropping all the way to around 80,600 points. However, analyzing from a market logic perspective, this seems more like a bear trap, aiming to lure investors into selling short. As expected, the price later broke through the 233 moving average on the 30-minute chart again in the evening, and today it has been fluctuating above this moving average, which undoubtedly releases a relatively strong signal. At the same time, Ethereum's situation is slightly weaker, but in fact, it is the key to observing whether altcoins can usher in a super rebound. We should focus more on the strength of Ethereum's rebound rather than just staring at Bitcoin. As for Ethereum itself, it has been hovering around 1,880 for the past two or three days, and this continuous fluctuation seems more like building a bottom. We might as well wait patiently. Once it successfully breaks through the central range above, showing a strong upward signal, then we can follow the trend and seize the upcoming market opportunities.
    🕵️ Operation suggestion:

    BitCoin 82855.8  Sell  Target Price  79882.0

Bonus rebate to help investors grow in the trading world!