Monthly Archives: May 2026
41654156156Chart the Market (12/05/2026)
Written on May 12, 2026 at 5:43 am, by pumarketings
XAGUSD, H4: Silver has been undergoing a strong bullish trend, with the metal surging to a fresh monthly high above the $87.00 level after successfully breaking out of its asymmetric triangle price pattern. The breakout confirms strengthening bullish momentum and signals continuation of the broader upward trajectory. The sharp rally reflects aggressive buying interest followingContinue Reading
Trump’s China State Visit May Spark Fresh Wall Street Rally
Written on May 12, 2026 at 5:38 am, by pumarketings
Key Takeaways *President Trump’s May 13–15 Beijing visit with top US business leaders, including Elon Musk and Tim Cook, is raising hopes for improved US-China trade and investment relations. *Potential agreements involving technology access, supply chains, and major purchase commitments could support multinational stocks while improving broader market sentiment. *Despite the positive catalyst, Wall StreetContinue Reading
Japanese Yen Weakens Despite Intervention Efforts
Written on May 12, 2026 at 5:33 am, by pumarketings
Key Takeaways *The Japanese yen weakened again despite recent government intervention, with EUR/JPY climbing toward the 184.5–185.3 zone as market pressure on the currency quickly returned. *Persistent yield differentials, the Bank of Japan’s cautious policy stance, and rising oil import costs continue to weigh on the yen, keeping USD/JPY biased toward the 157–160 range. *Tuesday’sContinue Reading
