About: pumarketings
Recent Posts by pumarketings
Crypto Extend Rally to New Highs as Shutdown, Dovish Fed Fuel Bullish Sentiment
Key Takeaways: *Bitcoin broke above $119,000 and Ethereum neared $4,400, lifting total crypto market cap back above $4T to a four-week high. *The U.S. government shutdown underscored crypto’s decentralized resilience, while weak ADP jobs data boosted Fed rate-cut expectations. *Technical breakouts reinforce bullish sentiment, though upcoming U.S. data and Fed signals could inject fresh volatility.Continue Reading
U.S. Equities Defy Shutdown Fears to Hit Records
Key Takeaways: *S&P 500 and Nasdaq hit all-time highs despite the first U.S. government shutdown since 2019. *ADP report showing a 32,000 payroll decline boosted expectations for Fed easing in October, with futures pricing in a 99% chance. *Investors focus on accommodative Fed and BoJ stances, with equities rallying even as political gridlock suspends keyContinue Reading
Chart the Market (02/10/2025)
AUDJPY, H4: The AUD/JPY pair has reversed its recent bullish trajectory, breaking decisively below the critical support level at 97.37. This breakdown represents a significant deterioration in market structure, negating the prior breakout above the downtrend channel and suggesting a shift in near-term momentum toward a bearish bias. The pair’s inability to maintain support aboveContinue Reading
