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Recent Posts by davin

NZD/USD pair rises slightly amid positive Chinese trade data, but is held back by a strong US dollar

The NZD/USD pair rises due to positive Chinese trade data, despite strong US dollar resistance. Traders should consider range strategies, while monitoring global economic signals for future movements. – vtmarketsmy.com

ConocoPhillips shows strength with over a 1% rise after previous stock decline

ConocoPhillips (COP) stock surged over 1%, but critical technical patterns suggest potential weakness ahead. Traders should monitor a key trendline for signs of a possible downturn; strategy adjustments are essential. – vtmarketsmy.com

Mastercard’s shares test important neckline support after a head and shoulders pattern breakdown

Mastercard’s stock is under pressure after breaking critical support at $525, indicating possible declines to the $450-$460 range. Traders may consider put options to capitalize on this bearish trend. – vtmarketsmy.com

British Pound rises against a weakened Dollar amid concerns about Federal Reserve independence

The British Pound gained against the US Dollar amid concerns over the Federal Reserve. Upcoming UK GDP data could sway the market. Gold prices surged past $4,650 as dollar weakness persists. – vtmarketsmy.com

Yen rises against the dollar after Japan’s warnings about currency fluctuations and intervention speculations

The Japanese Yen strengthened against the US Dollar amid warnings from officials about market volatility. Traders should consider protective strategies as intervention risks increase, impacting USD/JPY dynamics. – vtmarketsmy.com

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