Monthly Archives: May 2025
41654156156Chart the Market (21/05/2025)

Written on May 21, 2025 at 5:19 am, by pumarketings
VIX, H4: The S&P Volatility Index (VIX) has slipped to levels last seen ahead of the sharp rebound in March, continuing to trade below its descending resistance line—reinforcing a broader bearish structure. However, technical indicators suggest that downside momentum is fading, raising the potential for a near-term rebound. The Relative Strength Index has exited oversoldContinue Reading
Sterling Extends Gains to 11-Month High, CPI and G7 Meeting in Focus

Written on May 21, 2025 at 5:16 am, by pumarketings
Key Takeaways: *Pound Sterling gained ahead of the UK CPI reading. *Eyes on the G7 meeting that could alter the Pound Sterling price direction. The Pound Sterling has extended its rally, rising to its strongest level against G7 peers since last July, supported by robust UK economic data and positive momentum from recent U.S.-UK tradeContinue Reading