US dollar rallied, gold fell to a new two-week low, and U.S. stocks market “Collapsed”!

Hot spot tracking

• Trump confirmed that the tariffs on Mexico and Canada will be implemented on March 4th, and said that the reciprocal tariffs will be implemented on April 2nd. Canada's prime minister responded that if the U.S. and Canada tariff policy is implemented, it will immediately and strongly respond. This news is negative for the US dollar.

• U.S. initial jobless claims for the week of February 22, recorded 242,000, for the week of December 7, 2024 since the new high. With the rise in the number of new unemployed in the U.S., it can be judged that the U.S. employment situation is deteriorating. Several of this news is negative for the U.S. dollar.

• U.S. durable goods orders in January recorded a monthly rate of 3.1%, for the largest increase since July 2024. Durable Goods is an important indicator of a country's economy and is often used as a leading indicator of the economic cycle, reflecting the current stabilization of manufacturing orders in the US. This news is positive for the U.S. economy and positive for U.S. stocks and the US dollar.

Product Hot Comment

• Forex

• ProductYesterday's ChangeYesterday's CloseToday's OpenEUR/USD▼-0.86%1.039751.03947GBP/USD▼-0.61%1.259981.26014AUD/USD▼-1.13%0.623840.62342USD/JPY▲0.55%149.804149.775GBP/CAD▲0.10%1.818561.81869NZD/CAD▼-0.46%0.812610.81218

• 📝 Review:Under President Trump's claim that tariffs on Canada and Mexico will begin next week, the U.S. dollar index suddenly jumped on Thursday and returned above the 107 marks, eventually closing 0.74% higher, the biggest one-day gain in two months, at 107.28.

• 🕵️ Operation suggestion:USD/JPY 149.753 Sell Target Price 148.631

• Gold

• ProductYesterday's ChangeYesterday's CloseToday's OpenGold▼-1.35%2877.162877.18Silver▼-1.88%31.24731.255

• 📝 Review:With the strengthening of the U.S. dollar, spot gold fell more than 1% during the day, compared with the day high once plunged more than $ 50, the lowest fell to $ 2867.95, the lowest level in two weeks, and finally closed down 1.35%, at $ 2876.99/ ounce.

• 🕵️ Operation suggestion:Gold 2876.96 Sell Target Price 2847.97

• Crude Oil

• ProductYesterday's ChangeYesterday's CloseToday's OpenWTI Crude Oil▲1.80%69.93269.949Brent Crude Oil▲1.39%73.24773.276

• 📝 Review:Trump revoked US oil giant Chevron's operating license in Venezuela, leading to renewed supply concerns. WTI crude once returned to the upper $70s, but failed to stabilize above that mark, eventually closing 1.83% higher at $69.94/bbl.

• 🕵️ Operation suggestion:WTI Crude Oil 69.948 Sell Target Price 68.317

• Indice

• ProductYesterday's ChangeYesterday's CloseToday's OpenNasdaq 100▼-2.72%20562.2520603.8Dow Jones▼-0.25%43249.443256S&P 500▼-1.58%5865.355871.45US Dollar Index▲0.65%107.04106.99

• 📝 Review:U.S. Dow closed down 0.45%, S&P 500 down 1.59%, Nasdaq down 2.78%. Chip stocks fell heavily, Pfizer (NVDA.O) closed down 8.4%, Broadcom (AVGO.O) fell 7%. Tesla (TSLA.O) fell 3% and Strategy (MSTR.O) dropped more than 8%.

• 🕵️ Operation suggestion:Nasdaq 100 20619.950 Sell Target Price 20419.140

• Crypto

• ProductYesterday's ChangeYesterday's CloseToday's OpenBitCoin▼-0.02%84346.784654.3Ethereum▼-2.78%2280.62289.5Dogecoin▲0.53%0.205620.20612

• 📝 Review:Looking at the last 4 hours of candlestick chart movements, the market is showing a more complex pattern. Prices have fallen sharply compared to February 27, 2025 at 12:00, but have recovered compared to February 26, 2025 at 16:00, while at the same time being lower than the February 27, 2025 at 08:00 price. Overall, the market rebounded somewhat after a period of rapid decline, but is still in a weak overall pattern. The last candlestick chart closed positive, and the closing price was higher than the opening price, showing some signs of resistance from the bulls. In terms of trading volume, the overall market volume has decreased, and trading activity has dropped significantly compared to the previous hours. This situation of falling volume indicates that the market sentiment is relatively cold, investors' participation is not high, and both the long and short sides are relatively cautious. In terms of technical indicators, the MACD bar chart continues to be positive and is getting longer, showing that the bulls are still resisting, but the overall market lacks a clear trend. the KDJ indicator is dead, and the current KDJ value is 62, which is in the neutral zone, showing that the market is weak in the short term, but has not yet reached an extreme oversold state. In addition, there is a volume-price divergence in the downtrend, which may suggest that the momentum of the price decline is weakening and there is a potential need for the market to stabilize.

• 🕵️ Operation suggestion:BitCoin 84657.5 Sell Target Price 82348.2