Yearly Archives: 2026
41654156156Chart the Market (07/04/2026)

Written on April 7, 2026 at 6:29 am, by pumarketings
XAGUSD, H4: Silver continues to face strong resistance below the 74.05 level, with the metal trading flat beneath this threshold in recent sessions and now showing signs of retracing from this ceiling. The inability to gain traction above 74.05 reflects persistent selling pressure at higher levels, keeping the broader bearish structure intact. The immediate focusContinue Reading
Kiwi Under Pressure as RBNZ Decision Looms Amid Geopolitical Crosscurrents

Written on April 7, 2026 at 6:22 am, by pumarketings
Key Takeaways: *The New Zealand dollar remains weak near 0.5720 as safe-haven demand boosts the U.S. dollar, with elevated oil prices adding inflationary pressure on risk-sensitive currencies. *The RBNZ is expected to hold rates steady, but comments from Anna Breman suggest a potential shift toward tightening if inflation proves persistent. *Ongoing tensions and warnings fromContinue Reading
Bitcoin Moves Above $70,000 as Short Covering Drives Rebound, Trend Remains Unclear

Written on April 7, 2026 at 6:22 am, by pumarketings
Key Takeaways: *Bitcoin reclaims $70,000 level amid short covering *Gains driven mainly by dip-buying rather than new catalysts *Broader crypto market follows with moderate upside *Ongoing geopolitical uncertainty keeps direction uncertain Market Summary: Bitcoin moved back above the $70,000 mark on Monday, reaching its highest level since March, as traders unwound bearish positions in aContinue Reading
