Monthly Archives: July 2026
41654156156Chart the Market (21/07/2026)

Written on July 21, 2026 at 6:50 am, by pumarketings
XAGUSD, H4: Silver is showing early signs of a bullish trend reversal after breaking above its week-long descending trendline resistance. The breakout suggests that the recent selling pressure is easing and that buyers are beginning to regain control of the market. Momentum indicators are also turning increasingly supportive of the bullish outlook. The Relative StrengthContinue Reading
Dollar Holds Firm as Geopolitical Risks Support Safe-Haven Demand

Written on July 21, 2026 at 6:15 am, by pumarketings
Key Takeaways: *The US dollar remained firm, with the DXY holding near 101.0, supported by safe-haven demand amid escalating Middle East tensions. *US-Iran conflict intensified, including continued US strikes on Iranian targets and Houthi threats to Saudi shipping, raising concerns over potential disruptions to the Strait of Hormuz and global energy supplies. *Gold traded aroundContinue Reading
Wall Street Slips as Middle East Tensions Overshadow Earnings Optimism

Written on July 21, 2026 at 6:14 am, by pumarketings
Key Takeaways: *Wall Street closed lower, with the Dow Jones (-0.59%), S&P 500 (-0.19%), and Nasdaq (-0.05%) declining as geopolitical tensions dampened investor sentiment. *Escalating US-Iran conflict and Houthi threats to Saudi shipping pushed Brent crude above US$90/barrel, raising concerns over global energy supplies and inflation. *Higher oil prices lifted Treasury yields, reinforcing expectations thatContinue Reading
