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Recent Posts by anna

UOB Group analysts say the USD may gradually rise, but reaching 157.50 seems unlikely for now

The USD/JPY pair shows slight upward momentum, facing resistance at 157.50. While mild advances are expected, a breakout seems unlikely. Traders should monitor support around 156.60 to 156.75. – vtmarketsmy.com

Despite the BOJ’s hawkish comments, USD/JPY remains below 158.90 due to recent resistance levels.

The USD/JPY pair trends below 158.90, with analysts predicting a drop to 140 due to Bank of Japan rate hikes and Federal Reserve easing. Traders should explore put options for potential gains. – vtmarketsmy.com

The New Zealand dollar may decline to around 0.5740, but support at 0.5720 remains far off.

The New Zealand Dollar faces downward pressure, potentially hitting 0.5740. Geopolitical tension and weak US data influence currencies and commodities, while Bitcoin and Ethereum remain bullish amid growing ETF interest. – vtmarketsmy.com

USD strengthens against major currencies, with DXY approaching its 200-day average

The US Dollar is strong, nearing a key resistance, while Brent crude prices drop significantly, and gold nears record highs. Upcoming ISM data could trigger Federal Reserve rate cuts, impacting markets. – vtmarketsmy.com

AUD/USD may decline to 0.6670, but 0.6640 seems unlikely

The Australian Dollar (AUD) is likely to fluctuate between 0.6640 and 0.6730 in the coming weeks, showing limited upward momentum and presenting opportunities for range-bound trading strategies. – vtmarketsmy.com

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