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Pound Sterling supports GBP/USD, staying strong above 1.3050 ahead of BoE decision

GBP/USD rises as the British Pound gains strength ahead of the Bank of England’s rate decision. Traders brace for potential fiscal tightening in the UK budget, impacting future currency movements. – vtmarketsmy.com

EUR/USD rises to around 1.1505 during Asian trading hours amid positive risk sentiment

The ECB maintains a steady deposit rate amid inflation concerns, while US economic signals create volatility in the EUR/USD pair. Key upcoming data could influence future currency direction. – vtmarketsmy.com

Recent analysis shows AMD has peaked, with expected upward movement in its trend.

AMD’s Wave 4 Elliott structure signals potential gains, targeting $280.50-$294.40 for wave 5. With strong earnings and market support, now’s the time to consider bullish options strategies before the anticipated rally. – vtmarketsmy.com

WTI oil trading at $59.60 may decline due to rising oversupply concerns after inventory increase

WTI Oil prices may drop due to oversupply fears, with US crude inventories rising significantly. As OPEC+ adjusts production, demand indicators weaken, creating a bearish market sentiment for traders. – vtmarketsmy.com

XAG/USD shows weakness below key resistance, trading around $47.75 after a short rise

Silver struggles to maintain momentum, currently trading at $47.75, facing bearish pressure. Key resistance remains at $49.35-$49.40, with potential drops to $46.45 or bullish moves above $49.00. – vtmarketsmy.com

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