ADP pulled off quite a coup, gold on a roller coaster!

Hot spot tracking

• Trump said in Congress that reciprocal tariffs will go into effect on April 2; Ukraine is ready to sign a minerals agreement and Zelensky is ready to return to the Russian-Ukrainian negotiating table; and negotiations are underway to repeal the Chip Act, create a shipbuilding office, dramatically expand U.S. production of key minerals and rare earths, and seek a permanent, across-the-board income tax deduction. The news is positive for U.S. mining companies.

• U.S. ADP payrolls rose by only 77,000 in February, the smallest increase since July 2024, sharply worse than the expected 140,000 and the previous 186,000. This news is negative for the US dollar.

• Tesla sales in Germany fell 76% in February. This news is negative for Tesla.

Product Hot Comment

• Forex

• ProductYesterday's ChangeYesterday's CloseToday's OpenEUR/USD▲1.60%1.078971.07899GBP/USD▲0.81%1.289381.28915AUD/USD▲1.06%0.633790.63352USD/JPY▼-0.58%148.881148.831GBP/CAD▲0.49%1.849331.84708NZD/CAD▲0.80%0.821070.82042

• 📝 Review:On Wednesday, investors are now starting to price in the possibility of a full-blown contraction in the U.S. economy due to concerns about the impact of tariffs on inflation and the economy. At the same time, Trump will postpone part of the auto tariffs, the dollar index falling three candlestick and lost 105 mark, hitting a new low in nearly four months, finally closing down 1.15% at 104.33.

• 🕵️ Operation suggestion:USD/JPY 149.163 Sell Target Price 148.177

• Gold

• ProductYesterday's ChangeYesterday's CloseToday's OpenGold▲0.05%2919.172919.54Silver▲2.05%32.6132.615

• 📝 Review:Despite the weakening of the dollar, investors still seemed reluctant to make large-scale bets before the release of the non-farm payrolls data, spot gold rode a roller coaster, falling below $2,900 at one point during the session, then quickly recovered all lost ground and surged to $2,930, before falling back and eventually closing 0.05% higher at $2,919.12 /ounce.

• 🕵️ Operation suggestion:Gold 2918.05 Buy Target Price 2938.83

• Crude Oil

• ProductYesterday's ChangeYesterday's CloseToday's OpenWTI Crude Oil▼-2.47%66.11366.119Brent Crude Oil▼-2.46%69.24669.245

• 📝 Review:Trump's trade war has clouded the outlook for crude oil demand, and as OPEC+ signaled an increase in supply, international oil prices fell for four consecutive sessions and plunged to their lowest in more than 3 years. WTI crude plunged nearly 4% during the day, and at one point fell to near $65, and ultimately ended down 2.46% at $66.11 a barrel.

• 🕵️ Operation suggestion:WTI Crude Oil 66.209 Sell Target Price 65.025

• Indice

• ProductYesterday's ChangeYesterday's CloseToday's OpenNasdaq 100▲0.05%20554.1520578.85Dow Jones▲0.45%42992.543011.4S&P 500▲0.19%5835.755839.95US Dollar Index▼-1.28%104.13104.15

• 📝 Review:U.S. stocks closed up 1.14% on the Dow, 1.12% on the S&P 500, and 1.46% on the Nasdaq. NVIDIA was up 1%, Tesla was up 2.6%, and PDD was up 6%.

• 🕵️ Operation suggestion:Nasdaq 100 20572.950 Sell Target Price 20167.518

• Crypto

• ProductYesterday's ChangeYesterday's CloseToday's OpenBitCoin▲3.32%90319.190391.2Ethereum▲3.19%22332235.9Dogecoin▲2.76%0.203440.20427

• 📝 Review:The recent candlestick chart trend shows a decrease in trading volume, with trading activity further reduced compared to the previous hours. At the same time, prices are rising, but volume is falling, suggesting that the upward momentum is fading. Looking at the current technical indicators, the MACD indicator shows no clear trend for the time being, the MACD bar chart continues to be negative but the bars are getting shorter, which means the short side is weakening and the long side is showing signs of strengthening, the KDJ indicator has not yet shown any clear golden or dead cross signals, it is in a neutral state overall, with a KDJ value of 80, which is close to overbought territory, but has not yet formed a clear buy/sell signal. KDJ value is 80, close to the overbought area, but has not yet formed a clear signal to buy or sell. In addition, the market also shows the phenomenon of volume-price divergence, i.e., prices are rising but the trading volume fails to match effectively, which may imply that there is insufficient upward momentum, and there is a certain degree of uncertainty in the subsequent trend.

• 🕵️ Operation suggestion:BitCoin 90076.9 Sell Target Price 86282.2