Yearly Archives: 2026
41654156156Chart the Market (12/08/2026)
Written on August 12, 2026 at 6:06 am, by pumarketings
AUDNZD, H4: AUD/NZD found strong support near the 1.1940 level, where the pair formed a double-bottom pattern, signaling that downside momentum may be fading. Following the formation of this bullish reversal pattern, the pair staged a technical rebound and has gained nearly 1% from its recent low. Despite the recovery, AUD/NZD is now approaching aContinue Reading
Gold Rally Gains Momentum as Traders Reprice Fed Outlook
Written on August 11, 2026 at 10:59 am, by pumarketings
Key Takeaways: *Gold extended its rally above $4,400 as weaker US jobs data reduced Fed hike expectations and boosted safe-haven demand. *Higher oil prices and renewed inflation risks could limit gold’s upside by supporting yields and the dollar. *Strong central-bank and Chinese demand continues to provide a solid fundamental floor for gold. Market Summary: GoldContinue Reading
Aussie on Edge as RBA Set to Hold — But Tone Will Drive Reaction
Written on August 11, 2026 at 10:40 am, by pumarketings
Key Takeaways: *The RBA is widely expected to keep the cash rate unchanged at 4.35%. Market attention will be on the policy statement, economic forecasts, and Governor Bullock’s comments for clues on future policy direction. *The Australian dollar has largely followed broader risk sentiment and U.S. dollar movements in recent sessions, with limited domestic driversContinue Reading
