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About: pumarketings

Recent Posts by pumarketings

Chart the Market (20/06/2025)

AUDUSD, H4:  AUD/USD continues to trade within a choppy consolidation range, holding just beneath the 0.6500 psychological level after multiple failed attempts to reclaim the 0.6525 resistance zone. Price action remains supported above the 0.6455 region, which has consistently cushioned recent pullbacks. This sideways drift follows a breakdown below the 50-day moving average, with bullsContinue Reading

Oil Holds Firm on Middle East Conflict Fears

 Key Takeaways: *Oil prices remain firm amid rising Middle East conflict and fears of supply disruptions. *Geopolitical risks and Hormuz vulnerability drive a “fear premium” in oil. Market Summary: Crude oil has remained under upward pressure this week, driven by escalating Middle East tensions, mounting supply disruption risks, and broader risk-off sentiment in global markets.Continue Reading

BoE Holds Steady as Inflation Risks Cloud Outlook

 Key Takeaways: *The Pound weakened as the BoE struck a cautious tone and flagged persistent inflation risks. *Rising geopolitical tensions and a resilient U.S. dollar kept GBP under pressure. Market Summary: The British Pound has come under pressure this week, weighed down by a cautious Bank of England (BoE), mixed domestic data, and heightened geopoliticalContinue Reading

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