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Silver prices have dipped to $98 amid a weaker US Dollar and geopolitical tensions, creating a potential trading opportunity. Analysts suggest strategic positioning as silver’s industrial demand remains strong. – vtmarketsmy.com

The Australian Dollar (AUD) has potential for further gains, targeting levels between 0.6810 and 0.6860. Traders can explore strategies like call options or bull spreads to capitalize on anticipated movements. – vtmarketsmy.com

GBP/USD shows near-term upside potential but faces resistance nearing 1.3570. Traders are advised to consider bull call spreads to capitalize on modest gains amid mixed US economic signals. – vtmarketsmy.com

UK’s Composite PMI surged to 53.9 in January, signaling strong economic growth. Retail sales also outperformed expectations. The Pound strengthened against the US Dollar, raising interest in potential trading strategies. – vtmarketsmy.com

The USD/JPY faces resistance at 159.45, with a crucial support at 156.00-156.60. A bounce may lead to targets of 160.70 and a potential peak near 162 in 2024. – vtmarketsmy.com

Silver prices surged to $97.83 per ounce, climbing 1.77% in one day and 37.63% year-to-date. Geopolitical factors and industrial demand fuel this upward trend, making shorting silver risky. – vtmarketsmy.com

UK manufacturing shows growth as the PMI rises to 51.6, boosting GBP against the USD. Meanwhile, gold nears $5,000 amid inflation concerns, highlighting market divergences and investment opportunities. – vtmarketsmy.com

Bank of America faces bearish trends after a price drop due to President Trump’s credit card policy. Analysts predict further declines, suggesting traders adopt bearish strategies, particularly around resistance near $54.50. – vtmarketsmy.com

The Euro is projected to strengthen against the US Dollar, aiming for 1.1805 resistance. Analysts suggest favorable trading strategies hinge on maintaining strong support at 1.1675 amidst diverging economic signals. – vtmarketsmy.com

The Eurozone’s January PMI signals economic stagnation, with service sector slowdown offsetting gains in manufacturing. Germany outperforms France, but risks remain if PMI data disappoints, influencing currency and rates. – vtmarketsmy.com