About: pumarketings
Recent Posts by pumarketings
Dollar Extends Slide to Two-Year Low Amid as Policy Uncertainty Looms
Key Takeaways: *DXY fell for the sixth straight session, reaching its lowest level since March 2022 amid rising political uncertainty. *Fears of expanding U.S. deficits and renewed trade tensions with Japan, weighing on the dollar and dampening Treasury demand. *As the dollar declines, gold prices have climbed, benefiting from the shift in sentiment and growingContinue Reading
Chart the Market (01/07/2025)
USDJPY, H4: USD/JPY continues to retreat, falling below 144.30 and testing a key support band around 143.80. The pair has now extended its short-term downtrend, reversing from the June high near 148.10. The move follows a sustained rejection from multi-week resistance and now threatens to erase much of June’s gains. Technically, the momentum picture remainsContinue Reading
Chart the Market (30/06/2025)
BTC, H4: Bitcoin has staged a decisive technical breakout, shattering its long-term downtrend with a powerful surge past the critical $108,000 resistance level. This significant price action marks a potential turning point for the cryptocurrency, as it not only invalidates the previous bearish structure but also demonstrates remarkable resilience after successfully defending the psychologically importantContinue Reading
