Live Updates

The Canadian Dollar strengthens as US labor data weakens, lowering USD/CAD to around 1.4008. Markets expect a 70% chance of Federal Reserve rate cuts, impacting trading strategies. – vtmarketsmy.com

The S&P 500 ETF (SPY) signals a potential upward trend after completing a technical correction. With strong support and improved market conditions, traders can anticipate gains targeting $696-$707 as uncertainty eases. – vtmarketsmy.com

Royal Bank of Canada’s stock is poised to rally toward $150.86-$153.23, but a pullback is expected. Traders should consider buying protective puts for the anticipated decline—don’t chase immediate gains! – vtmarketsmy.com

NVDA’s recent analysis highlights a bullish outlook, with support found between $175 to $186 and a bounce indicating corrective pullback completion. Traders are encouraged to buy on pullbacks and target $220-$233. – vtmarketsmy.com

MicroStrategy’s stock falters despite Bitcoin’s surge, signaling technical weaknesses. Elliott Wave analysis shows potential for a brief bounce before a significant downturn, presenting trading opportunities amidst growing bearish sentiment. – vtmarketsmy.com

The EUR/JPY exchange rate is rising amid a strong Euro and a weakened Yen, driven by contrasting monetary policies. Buy call options for potential gains as the Yen’s weakness may continue. – vtmarketsmy.com

Chennai Petroleum’s stock is poised for substantial growth, targeting ₹1,200–₹1,300 in wave I, with long-term potential at ₹1,690 and ₹2,460. A short-term pullback offers an ideal buying opportunity! – vtmarketsmy.com

Consumer spending rises as the Redbook Index hits 5.9%. The Dow soars 570 points, while Bitcoin tops $105,000. Market volatility may drop amidst US political stability and UK economic concerns. – vtmarketsmy.com

The Euro is declining against the Swiss Franc due to optimism over a potential US-Swiss trade deal and disappointing German economic data, suggesting traders should prepare for further bearish moves. – vtmarketsmy.com

US private employers cut an average of 11,250 jobs weekly, signaling a cooling labor market. This trend pressures the Fed, potentially leading to lower interest rates and impacting currency and stock markets. – vtmarketsmy.com