Yearly Archives: 2026
41654156156Chart the Market (23/07/2026)
Written on July 23, 2026 at 6:29 am, by pumarketings
XAUUSD, H4: Gold has confirmed a bullish trend reversal after breaking above its week-long descending trendline resistance. Following the breakout, the precious metal gathered strong buying momentum and staged a solid technical rebound from its recent low, indicating that bullish sentiment has strengthened considerably. The breakout above the descending trendline signals a shift in marketContinue Reading
Oil Extends Gains as U.S.–Iran Tensions and Red Sea Tanker Attacks Raise Supply Fears
Written on July 23, 2026 at 6:19 am, by pumarketings
Key Takeaways: *Crude oil prices continue to rise as U.S.–Iran tensions remain unresolved *Vessel traffic through the Strait of Hormuz has fallen sharply amid ongoing strikes *Markets continue pricing in a stronger geopolitical risk premium for oil Market Summary: Crude oil prices continued to extend gains as unsettled tensions between the United States and IranContinue Reading
Yen Rebounds Slightly as BOJ Signals Tightening, but Weak Confidence Caps Gains
Written on July 23, 2026 at 6:17 am, by pumarketings
Key Takeaways: *Japanese yen rebounds after hawkish signals from the Bank of Japan *Markets increase bets on another BOJ rate hike by October *Finance Minister warns authorities are ready to take bold action if needed Market Summary: The Japanese yen rebounded slightly after the Bank of Japan released a more hawkish policy message, signalling aContinue Reading
