About: davin
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Bears stay dominant as the Euro rebounds from lows of 0.8735 amid a weakening Pound
The Euro is trying to rebound against the Pound after a low, but bearish trends persist. Market strategies suggest short positions as the Pound’s strength continues. Key resistance and support levels guide trading decisions. – vtmarketsmy.com
Written on December 4, 2025 at 1:58 pm
Categories: Live Updates
Société Générale’s FX analysts note that USD/BRL stabilizes near its September low of 5.27
USD/BRL stabilizes near 5.27, showing reduced downward momentum but lacking a strong rebound. Key levels to watch: 5.43 for potential upside and 5.27 for support. A long straddle strategy might capitalize on upcoming volatility. – vtmarketsmy.com
Written on December 4, 2025 at 1:58 pm
Categories: Live Updates
Decline in the US dollar and yields causes USD/JPY to drop below 155, sparking rate hike speculation
USD/JPY dips below 155 amid a weaker US dollar and hopes of a BoJ rate hike. Volatility rises; traders might consider put options to manage risks in this shifting landscape. – vtmarketsmy.com
Written on December 4, 2025 at 12:59 pm
Categories: Live Updates
Société Générale analysts note that EUR/USD continues to rise after breaking out of a descending channel.
The EUR/USD has broken above its descending channel, targeting 1.1730 with strong support at 1.1550. Favorable Eurozone data strengthens the euro against a potentially pivoting Fed, presenting trading opportunities. – vtmarketsmy.com
Written on December 4, 2025 at 12:59 pm
Categories: Live Updates
UK’s S&P Global Construction PMI reports 39.4 in November, below the expected 44.3
UK’s construction sector faces turmoil, with the S&P Global PMI plunging to 39.4 in November, signaling economic weakness and potential GBP decline. Traders might consider hedging against further downturns. – vtmarketsmy.com
Written on December 4, 2025 at 12:59 pm
Categories: Live Updates
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