Monthly Archives: August 2026
41654156156Chart the Market (13/08/2026)

Written on August 13, 2026 at 7:26 am, by pumarketings
BTC, H4: Bitcoin previously broke below its ascending channel, signaling a bearish structural break and suggesting that the broader uptrend has lost momentum. The breakdown marked a shift in market sentiment, with sellers gaining control after an extended period of bullish price action. Although BTC subsequently staged a technical rebound, the recovery lacked conviction asContinue Reading
Yen Loses Intervention Momentum as Carry Trade Gravity Reasserts

Written on August 13, 2026 at 7:25 am, by pumarketings
Key Takeaways: *The Japanese yen has traded relatively flat against major currencies in recent sessions as the impact of the recent Japan-U.S. intervention fades and traders await fresh catalysts. *Persistent interest rate gaps between Japan and other major economies continue to support carry trades, limiting sustained yen strength despite expectations that the Bank of JapanContinue Reading
Euro Consolidates Ahead of GDP Release as ECB Holds Firm

Written on August 13, 2026 at 7:22 am, by pumarketings
Key Takeaways: *Friday’s eurozone GDP release will be a key test for the euro, offering fresh insight into the region’s economic recovery following a period of mixed growth signals. *The ECB has maintained a cautious stance, balancing moderating inflation against growth risks. This approach has helped provide intermittent support for the euro through relative yieldContinue Reading
