About: pumarketings
Recent Posts by pumarketings
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
Wall Street Edges Higher Amid Shutdown Fears
Key Takeaways: *S&P 500 gained 0.41%, led by healthcare as Pfizer rose over 2% after avoiding drug-specific tariffs. *Congressional gridlock ahead of the September 30 deadline keeps sentiment fragile, with futures lower in Asian trading. *Gold surged above $3,800 as trade policy threats and political uncertainty cloud Fed outlook, raising correction risks for equities. MarketContinue Reading
Cryptocurrencies Rebound as Market Cap Reclaims $4 Trillion
Key Takeaways: *Bitcoin and Ethereum consolidated near weekly highs, lifting total crypto market cap back above $4T from a recent $3.8T low. *Rising U.S. shutdown risks underscore government dysfunction, contrasting with crypto’s decentralized resilience. *Investors eye digital assets as alternatives during political uncertainty, though sustained recovery hinges on broader risk sentiment. Market Summary: Digital assetsContinue Reading
