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Recent Posts by davin

USD/JPY rises above 156.50 as the yen weakens against the dollar during early Asian trading

USD/JPY is at 156.70 thanks to strong US Services PMI, but traders should prepare for potential declines as rate cut expectations rise and Japan’s economic policies suggest yen strengthening. – vtmarketsmy.com

In November, Japan’s annual labour cash earnings were 2.3%, falling short of projections by 0.5%

Japan’s labor earnings rose only 0.5% in November, missing forecasts, while gold prices decline as demand weakens. Traders should navigate volatility with caution, considering options to manage risks effectively. – vtmarketsmy.com

GBP/JPY dips below 211.00 for two days after hitting 212.16, currently at 210.85

The GBP/JPY is on a downward trend after hitting a peak, influenced by weak equity markets and shifting momentum. Traders should watch the critical 210.00 level for potential further declines. – vtmarketsmy.com

US data boosts Dollar, leading to three-day decline in EUR/USD

The EUR/USD is declining as strong US economic data boosts the Dollar. With key reports pending, traders eye opportunities for further drops, while staying alert for potential reversals. – vtmarketsmy.com

Update on the Nasdaq 100: Elliott Wave analysis indicates potential new all-time highs.

The Nasdaq 100’s future hinges on key support levels; maintaining 23854 could sustain a bull market. Yet, warning signs suggest a potential bear market looms, urging cautious trading strategies. – vtmarketsmy.com

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