The US Dollar Index (DXY) is falling due to a prolonged government shutdown, potential rate cuts, and US-China tensions. Strategies like buying puts or long volatility could capitalize on expected turbulence. – vtmarketsmy.com
The AUD/JPY is currently facing short-term selling pressure around 97.10, influenced by bearish RSI and political uncertainty in Japan. Key resistance is at 98.50 and support is at 96.50. – vtmarketsmy.com
Gold prices in India surged due to global economic risks and potential US Federal Reserve rate cuts, making it a safe haven. Market dynamics favor long positions, amidst rising geopolitical tensions and volatility. – vtmarketsmy.com
Gold prices in Malaysia surged to 592.49 MYR per gram amid economic uncertainty. Central banks are driving demand, while geopolitical tensions and interest rate changes contribute to market volatility. Watch for trends ahead! – vtmarketsmy.com
The GBP/USD pair is rising, driven by a weaker US dollar, but UK economic uncertainties pose risks. Key levels are emerging for potential gains, while caution is advised for traders. – vtmarketsmy.com
The Australian Dollar is weakening amid rising US-China trade tensions and expected RBA rate cuts, creating bearish opportunities for traders. Consider shorting AUD against safer currencies like the Swiss Franc. – vtmarketsmy.com
The EUR/JPY is falling near 175.70 as the Japanese Yen strengthens on possible rate hikes by the Bank of Japan. Upcoming political developments could add volatility for traders in this pair. – vtmarketsmy.com
The USD/CAD pair dips to 1.4040 amid a US government shutdown and falling oil prices. Economic factors and interest rates impact both currencies, prompting traders to consider bearish options strategies. – vtmarketsmy.com
Gold prices are soaring toward all-time highs amid US-China trade tensions and expectations of Federal Reserve rate cuts. Despite overbought signals, bullish trends persist, presenting trading opportunities. – vtmarketsmy.com
The Euro strengthens past 1.1700, supported by France’s political stability and ECB’s cautious rate stance. Meanwhile, the US Dollar weakens amid a prolonged government shutdown. Bullish strategies on EUR/USD recommended. – vtmarketsmy.com
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