Monthly Archives: May 2025
41654156156Chart the Market (15/05/2025)
Written on May 15, 2025 at 5:49 am, by pumarketings
ETH, H4: Ethereum (ETH) extended its rally in the previous session, reaching its highest level since March before encountering resistance near the $2,755 mark—a pivotal level that previously acted as a key inflection point. Failure to decisively break above this zone may trigger a technical retracement. Momentum indicators are flashing early signs of a potentialContinue Reading
Oil Drops as High EIA Reports and Iran Deal Prospects
Written on May 15, 2025 at 5:45 am, by pumarketings
Key Takeaways: *U.S. crude inventories surged, raising oversupply concerns. *Iran nuclear deal talks could add more oil to global markets. *Bearish outlook persists without stronger demand or new risks. Market Summary: Crude oil markets came under pressure following a combination of negative fundamental data and geopolitical developments. The U.S. Energy Information Administration (EIA) reported aContinue Reading
Dollar Stall as Markets Grapple with Mixed Signals
Written on May 15, 2025 at 5:43 am, by pumarketings
Key Takeaways: *Dollar swings as soft CPI data fuels Fed rate cut bets, but trade optimism offers support *Gold dips on improved risk appetite, but weak dollar limits downside. *Both assets are likely to consolidate amid mixed signals. Dollar: Dovish Data vs. Trade Optimism The U.S. Dollar Index (DXY) experienced significant volatility in the latestContinue Reading
