Yearly Archives: 2026
41654156156Chart the Market (17/04/2026)
Written on April 17, 2026 at 6:31 am, by pumarketings
GBPJPY, H4: The GBPJPY pair has staged a powerful bullish rally, reaching a fresh all-time peak above the 215.00 mark. The advance represented a sustained period of buying pressure, with the pair breaking through multiple resistance levels to establish uncharted territory. However, the bullish momentum has now clearly stalled, with the pair trading in aContinue Reading
Oil Prices Drop as Ceasefire Hopes Improve and Hormuz Reopening Comes into Focus
Written on April 17, 2026 at 5:59 am, by pumarketings
Key Takeaways: *Trump signals progress toward a potential permanent U.S.–Iran ceasefire *Possible reopening of Strait of Hormuz weighs on oil prices *Israel–Lebanon ceasefire adds to broader regional de-escalation hopes Market Summary: Crude oil prices declined sharply as geopolitical tensions in the Middle East showed signs of easing, following renewed optimism surrounding a potential long-term ceasefireContinue Reading
Gold Price Range-Bound as Diplomatic Hopes Cap Safe-Haven Demand
Written on April 17, 2026 at 5:54 am, by pumarketings
Key Takeaways: *Gold is consolidating between $4,775–$4,850, with muted price action as geopolitical risk premium fades and volatility declines. *Upcoming U.S.-Iran negotiations in Islamabad have improved sentiment, reducing safe-haven flows and limiting gold’s upside despite ongoing uncertainty. *A successful diplomatic outcome could push gold lower toward support, while any escalation may quickly revive buying andContinue Reading
