About: pumarketings
Recent Posts by pumarketings
Chart the Market (22/08/2025)
Gold, H4: Gold has engineered a technically significant move by breaking above its primary downtrend channel, an initial signal of a potential trend reversal. However, the subsequent price action has lacked bullish conviction, with the metal struggling to maintain momentum and trading in a sideways-to-lower pattern since the breakout. This failure to rally decisively followingContinue Reading
Oil Steadies on Demand, Faces Looming Oversupply
Key Takeaways: *U.S. crude steadied near $64 as strong demand and inventory draws offered support. *Geopolitical risks from Ukraine tensions and trade disputes added a risk premium. *Rising OPEC+ and U.S. supply point to looming surplus, weighing on longer-term outlook. Market Summary: U.S. crude prices steadied after recent volatility, trading near $64 a barrel asContinue Reading
Euro Stuck Between Growth Signs and Dollar Strength
Key Takeaways: *Euro slipped as dollar strength overshadowed stronger Eurozone data. *PMI rose to 51.1, the highest in 15 months, with manufacturing returning to growth. *U.S.-EU trade deal and tariffs capped upside, keeping investors cautious ahead of Jackson Hole. Market Summary: The Euro remained under pressure, slipping toward the $1.16 handle as dollar strength andContinue Reading
