Yearly Archives: 2026
41654156156Chart the Market (16/02/2026)
Written on February 16, 2026 at 1:51 am, by pumarketings
Dow Jones, H4: The Dow Jones Industrial Average remains structurally constructive on the chart, but momentum is beginning to compress as price consolidates beneath upper retracement resistance. After advancing steadily along the rising trendline that has defined the medium-term uptrend, the index is now trading just below the 0.382 Fibonacci retracement near 50,260. This areaContinue Reading
Petrocurrency Ties Reassert as Oil Surges, CAD in Focus
Written on February 13, 2026 at 8:35 am, by pumarketings
Key Takeaways: *Rising crude prices amid Middle East tensions have revived the Canadian dollar’s petrocurrency appeal, offsetting trade-related headwinds. *With inflation contained within target and USMCA uncertainty lingering, the Bank of Canada is likely to maintain its 2.25% rate for now. *Sustained geopolitical risk and firm crude prices could keep CAD supported, while any sharpContinue Reading
Dollar Stable as Strong NFP Reprices Hawkish Fed Outlook
Written on February 13, 2026 at 8:26 am, by pumarketings
Key Takeaways: *The U.S. dollar has entered a consolidation phase near 97.00 after rebounding sharply from recent lows. *The nomination of Kevin Warsh as Fed Chair helped anchor the dollar by reinforcing expectations of a more hawkish monetary stance. *Early-week weakness driven by Japan’s snap election and yen strength proved temporary and lacked broader follow-through.Continue Reading
