About: pumarketings
Recent Posts by pumarketings
Chart the Market (03/07/2025)
BTC, H4: Bitcoin has once again tested and decisively reclaimed the critical $108,000 level, breaking above its month-long downtrend channel and signaling a potential bullish reversal. The successful breach of this key resistance marks a notable shift in market structure, with BTC now maintaining ground above the former ceiling—an encouraging sign for bullish momentum. MomentumContinue Reading
Dollar Rebound Falters as Markets Eye Key Vote on U.S. Tax Bill
Key Takeaways: *The U.S. dollar staged a modest technical rebound but remains under pressure as fiscal concerns and political uncertainty persist. *Investors fear that Trump’s proposed tax cuts could widen the U.S. deficit, undermine confidence in fiscal stability *Heightened risk aversion and ongoing political risks are supporting gold prices, with further gains possible if marketContinue Reading
AUD Holds Near Highs as RBA, Fed Risks Drive Flows
Key Takeaways: *AUD firm as softer USD and risk-on flows support gains *RBA seen cutting twice in H2, but July meeting pivotal *Retail sales, U.S. data next catalysts for AUD/USD move Market Summary: The Australian Dollar held firm near recent highs as investors awaited clarity on both domestic data and shifting global monetary dynamics. ImprovingContinue Reading
