About: pumarketings
Recent Posts by pumarketings
Chart the Market (04/08/2025)
XAUUSD, H4: Gold (XAU/USD) is holding firm above the $3,330 level, currently trading near $3,346 after breaking out of a falling wedge formation. The metal has reclaimed the 23.6% Fibonacci retracement level of the recent downswing, with the breakout zone around $3,306 now acting as a key support. Price action remains constructive following the breakout,Continue Reading
All Eyes on the BoE, Services Data, and U.S. Labor as August Kicks Off
The Week Ahead: Week of August 4, 2025 (GMT+3) Weekly Market PreviewAfter a data-heavy end to July, markets shift focus to the Bank of England’s rate decision, the health of the U.S. services sector, and fresh jobless claims data. With July’s payrolls report showing a deceleration in hiring and core PCE ticking lower, hopes forContinue Reading
Loonie Struggles as Tariffs and Growth Risks Mount
Key Takeaways: *BoC’s dovish tone and weak growth outlook widen Fed divergence. *Tariff risk looms large with trade deadlines and no U.S. deal in sight. *Policy uncertainty and slowing economy keep pressure on CAD ahead of September. Market Summary: The Canadian dollar remains under pressure following the latest escalation in U.S.-Canada trade tensions. President Trump’sContinue Reading
