About: pumarketings
Recent Posts by pumarketings
Chart the Market (10/07/2025)
BTC, H4: Bitcoin has decisively broken above a key ascending wedge and cleared the upper boundary of the fair value gap (FVG) around $107,000, with price surging toward the $111,745 zone. This marks a bullish continuation after a period of sideways consolidation and accumulation near the mid-FVG range. The breakout signals a shift in short-termContinue Reading
Euro Strengthens as Easing Trade Risks and Hawkish ECB Tone Support Currency
Key highlights: *Euro advanced as signs of progress in U.S.-EU trade talks boosted sentiment. *The European Central Bank signaled heightened vigilance over possible inflation risks tied to U.S. tariffs. *The dollar weakened as markets adopted a “wait-and-see” stance amid uncertainty over Trump’s next moves, including the surprise copper tariffs. Market summary: The euro advanced inContinue Reading
Pound Holds Ground Amid Fiscal and Data Watch
Key Takeaways: *Sterling steadied, supported by the resilient banking sector and BoE’s decision to hold the countercyclical capital buffer at 2%. *UK fiscal worries grow, with Reeves’ £4.8B welfare plan fueling gilt selloff and lifting 10-year yields to 4.63%. *GBP awaits GDP data for direction, as signs of recovery could reinforce BoE’s cautious stance, whileContinue Reading
