Monthly Archives: May 2025
41654156156Chart the Market (02/06/2025)

Written on May 30, 2025 at 5:47 am, by pumarketings
ETH, H4: Ethereum’s price action has taken a concerning turn following its recent rejection at the $2,761 resistance level. The cryptocurrency’s subsequent 10% decline signals a potential trend reversal, with technical indicators now flashing warning signs for bulls. This false breakout pattern carries particular significance as it occurred at a key psychological level, potentially trappingContinue Reading
Gold Rises as Trade Policy Uncertainty Revives Safe-Haven Demand

Written on May 30, 2025 at 5:04 am, by pumarketings
Key Takeaways: *US Appeals Court temporarily stays ruling against Trump’s global tariff powers. *Legal reversal stirs fresh trade war concerns and weighs on risk sentiment. *Gold prices rebound modestly as safe-haven demand returns. Market Summary: Gold prices edged higher on Thursday as renewed legal uncertainty surrounding U.S. trade policy reignited demand for safe-haven assets. EarlierContinue Reading
Australian Dollar Slips as RBA Cuts Rates Amid Sluggish Economic Data

Written on May 30, 2025 at 5:04 am, by pumarketings
Key Takeaways: *Australian dollar hammered by the latest Retail Sales Reading that came short. *RBA’s recent dovish tone has also hindered the Aussie dollar. The Australian dollar (AUD) continues to grapple with significant headwinds, driven by a confluence of underwhelming domestic economic indicators and evolving monetary policy dynamics. The latest retail sales data, registering aContinue Reading