Monthly Archives: May 2025
41654156156Chart 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
Chart the Market (19/05/2025)
Written on May 19, 2025 at 6:01 am, by pumarketings
ETH, H4: Ethereum’s bullish momentum has shown signs of exhaustion after posting a 50% gain in early May. The cryptocurrency has since entered a downward trajectory, falling over 10% from its recent peak and forming a descending channel. Despite a brief breakout attempt above the channel, the appearance of a bearish engulfing candlestick pattern quicklyContinue Reading
Markets Rattled by U.S. Credit Downgrade as Safe Havens Gain
Written on May 19, 2025 at 5:44 am, by pumarketings
Key Takeaways: *Safe-haven assets surge as risk-off sentiment escalates. *Yen has improved in the U.S.-Japan Currency talk. Markets kicked off the week on a jittery note after Moody’s downgraded the U.S. credit outlook, sparking renewed concerns over Washington’s fiscal credibility and ability to service its mounting debt obligations. The downgrade weighed on sentiment, with theContinue Reading
