Monthly Archives: October 2025
41654156156Chart the Market (23/10/2025)
Written on October 23, 2025 at 2:18 am, by pumarketings
EURJPY, H4: The EURJPY pair has staged a convincing bullish reversal, successfully defending the critical support level represented by the recent price gap. The formation of a distinct higher-low price pattern at this level signaled a potential trend shift, which was subsequently confirmed by a decisive break above the short-term resistance line at 176.55. ThisContinue Reading
Fed Bets Cool the Dollar as Gold Faces a Technical Storm
Written on October 23, 2025 at 2:17 am, by pumarketings
Key Takeaways: *The U.S. Dollar steadied near recent lows as traders balanced weaker economic data with hawkish Fed commentary. *Treasury yields slipped and rate futures priced in a 70% chance of a December cut, keeping focus on the upcoming Core PCE data. *Gold suffered its sharpest one-day drop in over five years, retreating toward theContinue Reading
Gold Tumbles as Profit-Taking and Improved U.S.–China Sentiment Hit Safe-Haven Demand
Written on October 22, 2025 at 6:32 am, by pumarketings
Key Takeaways: *Gold prices fell sharply after breaking below a double-top pattern, marking one of the steepest declines in recent weeks. *U.S. President Donald Trump’s upbeat comments on relations with China boosted risk appetite, dampening safe-haven demand. *Profit-Taking Pressure: Analysts see the current selloff as largely a technical correction following a prolonged rally. Market Summary: Continue Reading
