Live Updates

The USDCHF is at new lows, confirming seller dominance, while stock indices are facing resistance. Traders should consider bearish strategies and remain cautious until key moving averages are reclaimed. – vtmarketsmy.com

Trump’s potential dismissal of a Fed Governor amid mortgage fraud allegations creates market uncertainty, leading to increased volatility and a shift towards lower interest rates. Traders should prepare for potential downturns. – vtmarketsmy.com

Technology stocks, especially semiconductors like Nvidia and Broadcom, face declines, raising reliability concerns. In contrast, the financial sector shows resilience, prompting a cautious but strategic investment approach amid market volatility. – vtmarketsmy.com

Crude oil inventories decreased significantly, surprising the market, while gasoline stocks dropped. However, increased distillate supplies raise concerns. Traders face mixed signals ahead of potential seasonal demand declines. – vtmarketsmy.com

Oil inventory data hints at a crude drawdown, with prices at $62.54 per barrel. A larger draw could trigger a price spike, but economic concerns cast uncertainty on future trends. – vtmarketsmy.com

Gold prices rebounded to $3341.76 after hitting a low of $3311.62. Staying above the key 100-day moving average is crucial, while stock indices like NASDAQ and S&P face downward pressure. – vtmarketsmy.com

The NASDAQ and S&P indices are facing significant declines, highlighting market instability. With key moving averages breaking down, traders are eyeing potential deeper corrections as volatility increases. Stay cautious! – vtmarketsmy.com

The US dollar is weakening amid mortgage fraud allegations against a Fed member, raising speculation about new appointments. This turmoil offers trading opportunities in EUR/USD, USD/CHF, and USD/CAD markets. – vtmarketsmy.com

Trump pressures Fed Chair Cook to resign amid mortgage fraud allegations, triggering political turmoil and market volatility. Traders react, betting on rate cuts and hedging against a potential dollar weakness. – vtmarketsmy.com

Canada’s New Housing Price Index fell 0.1% in July, indicating market stabilization amidst high inflation. Traders should adopt a neutral stance on the CAD, focusing on selling volatility instead of betting on direction. – vtmarketsmy.com