Monthly Archives: August 2025
The Australian dollar’s upward momentum indicates that the key resistance level of 0.6555 might be out of reach.
Written on August 8, 2025 at 7:22 pm, by davin
The Australian Dollar is expected to trade within a tight range (0.6450-0.6555) due to weak momentum. Traders may find opportunities in options strategies to profit from this low volatility. – vtmarketsmy.com
Huw Pill from the BoE comments on the sustainability of recent rate cuts amid changing economic behaviors.
Written on August 8, 2025 at 7:22 pm, by davin
The Bank of England signals a cautious approach to interest rate cuts amid rising inflation risks. With the GBP/USD stable, traders should brace for potential market shifts and rethink positions. – vtmarketsmy.com
Trump administration aims to clarify gold bar import duties, which could significantly impact Comex gold prices
Written on August 8, 2025 at 7:21 pm, by davin
The Trump administration plans to exempt gold bar imports from tariffs, impacting market volatility. Traders should prepare for price swings as gold remains supported by strong demand and inflation concerns. – vtmarketsmy.com
Despite currency fluctuations, the CAD remains strong against the USD ahead of employment figures.
Written on August 8, 2025 at 7:21 pm, by davin
The Canadian Dollar gains strength after a surprise job increase of 45,000 in July, pushing USD/CAD lower. Traders should consider selling USD/CAD calls as volatility decreases. – vtmarketsmy.com
UOB Group analysts believe GBP may have difficulty reaching 1.3515 despite positive momentum.
Written on August 8, 2025 at 6:23 pm, by davin
The Pound Sterling struggles against 1.3515 resistance, with a neutral outlook ahead. Traders should explore low volatility strategies, like an iron condor, as the market stabilizes amid external pressures. – vtmarketsmy.com
Oil rig count rises to 411 as gasoline rigs fall, putting pressure on oil prices
Written on August 8, 2025 at 6:22 pm, by davin
Oil rig counts slightly increased to 411, but overall rig numbers fell to 539. Prices remain below the moving average, indicating weak demand and a cautious market outlook. – vtmarketsmy.com
This week, USDJPY fluctuated between key moving averages, and potential future breaks could influence its direction.
Written on August 8, 2025 at 6:22 pm, by davin
The USDJPY hovers near key moving averages, 147.90 and 146.78. With potential Fed rate cuts and Bank of Japan policy shifts, traders should watch for breakout opportunities in this uncertain market. – vtmarketsmy.com
Scotiabank analysts say the USD remains stable despite bearish market sentiment and mixed data
Written on August 8, 2025 at 6:22 pm, by davin
The US Dollar shows slight firmness this week but faces a bearish outlook amid potential Fed leadership changes. Next week’s inflation reports could influence market strategies favoring a weaker dollar. – vtmarketsmy.com
Gold retreats from two-week highs of $3,400, testing support at $3,380 due to a strong US dollar
Written on August 8, 2025 at 6:22 pm, by davin
Gold prices are dipping from two-week highs due to a strengthened US Dollar. Analysts suggest a potential drop to $3,350 if it falls below $3,380, presenting trading strategies for investors. – vtmarketsmy.com
UOB Group analysts suggest that the Euro may reach 1.1700 but lacks momentum to hit 1.1720.
Written on August 8, 2025 at 6:21 pm, by davin
The Euro is likely to retest 1.1700 but struggles at 1.1720 resistance. A bull call spread or selling cash-secured puts may offer stable gains, despite recent economic challenges. – vtmarketsmy.com