Monthly Archives: August 2026

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Chart the Market (28/08/2026)

Written on August 28, 2026 at 6:12 am, by

WTI Crude,  H4:                                                                WTI crude has ended its previous bullish rally after breaking below its uptrend trendline, signaling a short-term loss of upward momentum. However, the subsequent selling pressure was contained above the 61.8% Fibonacci Retracement level near $79.85, where the crude found support and staged a technical rebound. The rebound suggests that buyers remainContinue Reading

Yen Faces Renewed Pressure, but Intervention Risk Looms

Written on August 28, 2026 at 6:03 am, by

Key Takeaways: *USD/JPY: Trading around 159.3–159.5, with the pair approaching the key 160 psychological level. *Rate differential: The Fed’s 3.50%–3.75% policy rate versus the BoJ’s 1.00% continues to favour the dollar and weigh on the yen. *Deputy Governor Ryozo Himino signalled that timely rate hikes could help contain inflation, reinforcing expectations for further policy normalisation.Continue Reading

BTC Hits Fresh May High as Liquidity, Short Squeeze Fuel Breakout    

Written on August 28, 2026 at 5:57 am, by

Key Takeaways: *BTC reached fresh multi-month highs above the $80,000 level, extending its strong recovery as momentum returns to the crypto market. *Expanded U.S. Treasury bond buybacks, lower yields, strong spot Bitcoin ETF inflows and short liquidations have combined to accelerate the upside. *Sustaining above $81,000 could open the path toward higher resistance, while aContinue Reading

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