About: pumarketings
Recent Posts by pumarketings
Chart the Market (23/05/2025)
ETH/USD, H4: Ethereum (ETH) is staging a strong recovery, extending gains following a brief technical retracement. The cryptocurrency is now testing a critical resistance level near $2,700—its recent high—with a decisive breakout poised to reinforce the bullish trajectory. ETH is trading comfortably above both its short-term and long-term moving averages, signaling broad-based strength. The breakoutContinue Reading
U.S. Inflation and Consumer Data Take Center Stage; Global Markets Watch PCE, PMI, and GDP Signals
The Week Ahead: Week of 26th May 2025 (GMT+3) Weekly Market PreviewA series of high-impact U.S. data releases will shape this week’s market narrative, including Durable Goods Orders, CB Consumer Confidence, Core PCE Inflation, and the Chicago PMI. These reports will offer clarity on the strength of consumer demand and underlying inflation—factors critical to gaugingContinue Reading
Dollar Index Rebounds on Strong U.S. Data, but Fiscal Concerns Linger
Key Takeaways: *U.S. Initial Jobless Claims and PMI data beat expectations, boosting dollar sentiment. *Bond yields firm as investors reassess economic resilience. *Market focus remains on Trump’s tax bill and its long-term debt implications. Fundamental Analysis The Dollar Index edged higher on Thursday after a wave of stronger-than-expected U.S. economic data rekindled optimism over theContinue Reading
