Monthly Archives: April 2026
41654156156Chart the Market (22/04/2026)
Written on April 22, 2026 at 5:59 am, by pumarketings
Dow Jones, H4: Dow Jones Industrial Average is showing a recovery attempt within a broader corrective structure, with price rebounding after a sharp selloff but still facing overhead resistance. The most important development here is the break back above the 48,200 zone, which previously acted as resistance and is now being tested as support. ThisContinue Reading
Dollar Holds Range as Markets Await U.S.–Iran Developments
Written on April 21, 2026 at 7:42 am, by pumarketings
Key Takeaways: *US dollar trades sideways amid lack of clear geopolitical direction *Falling oil prices and yields weigh on near-term dollar momentum *Markets cautiously optimistic on potential ceasefire progress Market Summary: The US dollar index remained range-bound, trading within a consolidation zone as market participants struggled to find clear direction amid limited developments in U.S.–IranContinue Reading
Oil Prices Ease as Markets Await U.S.–Iran Ceasefire Decision
Written on April 21, 2026 at 7:41 am, by pumarketings
Key Takeaways: *U.S.–Iran tensions remain unresolved ahead of ceasefire deadline *Strait of Hormuz developments continue to drive market sentiment *Oil prices edge lower on renewed negotiation hopes Market Summary: Crude oil prices edged lower as markets adopted a cautious tone ahead of a key U.S.–Iran meeting later this week, which will determine whether the currentContinue Reading
