Monthly Archives: April 2026
41654156156Chart the Market (23/04/2026)
Written on April 23, 2026 at 7:04 am, by pumarketings
Dollar Index, H4: The US Dollar Index is showing a short-term recovery within a broader corrective structure, with price rebounding after a sharp breakdown but still trading below key resistance.The most important development here is the earlier break below the 99.70 support zone, which marked a clear shift in structure from bullish to bearish. ThisContinue Reading
Oil Market Volatility Amid Naval Interceptions and Escalation
Written on April 23, 2026 at 6:32 am, by pumarketings
Key Takeaways: *U.S.-Iran confrontations have intensified, effectively tightening the Strait of Hormuz and threatening nearly 20% of global oil flows. *Brent Crude and West Texas Intermediate rallied strongly above $100 as supply disruptions outweighed demand concerns. *With diplomacy stalled and blockade risks persisting, oil prices are biased higher toward $115+, with further upside dependent onContinue Reading
Wall Street Sentiment Sours as Energy Spikes and Geopolitical Friction Collide
Written on April 23, 2026 at 6:29 am, by pumarketings
Key Takeaways: *Wall Street is set for a weaker open as renewed Middle East tensions and Strait of Hormuz disruptions trigger a sharp pullback in index futures. *Crude prices above $100 are fueling inflation concerns, lifting Treasury yields and reinforcing the hawkish narrative linked to Kevin Warsh. *Rising energy costs and tighter financial conditions areContinue Reading
