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Recent Posts by davin

UOB Group analysts suggest the Australian dollar may hit 0.6660 before pulling back

The Australian Dollar’s recent strength may be overstretched, facing resistance around 0.6685. Traders should consider strategies like selling call options due to limited upside potential. – vtmarketsmy.com

Traders anticipate the Fed’s decision as gold maintains sideways movement just below this week’s peak

Gold prices are stable as traders await the Fed’s anticipated rate cut, influencing the US Dollar. Economic indicators suggest potential volatility, making this a pivotal moment for investors. – vtmarketsmy.com

Brent crude drops below $62 as global oil market oversupply worsens

Oil prices have dropped below $62 per barrel, signaling an impending surplus. With bearish trends expected through 2026, traders can capitalize with put options amidst uncertain Russian supply and declining US demand. – vtmarketsmy.com

The Euro faces slight downward pressure and may reach 1.1600, but a break seems unlikely.

The Euro is currently range-bound between 1.1580 and 1.1685, with less likelihood of major movement. Analysts suggest selling options as volatility decreases, while monitoring key support and resistance levels. – vtmarketsmy.com

Industrial production in Austria increased by 3.3% year-on-year, in contrast to a decline of 1.7%.

Austria’s industrial production shines with a 3.3% increase, while central banks globally signal diverging paths. Cryptos like Zcash and Solana gain traction amid bullish sentiment and institutional support. – vtmarketsmy.com

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