Monthly Archives: May 2025
41654156156Oil edges higher as Iran nuclear talks stall
Written on May 20, 2025 at 6:25 am, by pumarketings
Key Takeaways: *Iran nuclear talks hit a roadblock – Iran rejected U.S. demands to halt uranium enrichment, reducing the likelihood of a near-term deal that would ease sanctions and boost Iranian oil exports. *Supply concerns support prices – The stalled negotiations help keep 300,000–400,000 barrels/day of Iranian crude off the market, tightening global supply expectations.Continue Reading
Gold Slips as Ceasefire Hopes Curb Safe-Haven Demand
Written on May 20, 2025 at 6:21 am, by pumarketings
Key Takeaways: *Gold retreated despite a weaker U.S. dollar and Moody’s U.S. credit downgrade, as geopolitical sentiment shifted.*Trump signals potential Russia-Ukraine ceasefire talks, prompting risk-on sentiment Fundamental Analysis Gold prices slipped on Tuesday, retreating from recent highs despite a weaker U.S. dollar and Moody’s downgrade of the U.S. credit outlook. The move came as geopoliticalContinue Reading
Chart the Market (20/05/2025)
Written on May 20, 2025 at 6:03 am, by pumarketings
EURUSD, H4: The EURUSD pair has carved out a higher-high price structure following a rebound from its recent low near 1.1065, signaling a potential bullish trend reversal. The recovery momentum now faces a critical test at the 1.1270 resistance level. A decisive break above this zone would confirm a bullish breakout, potentially opening the doorContinue Reading
