Monthly Archives: May 2025
Chart the Market (29/04/25)

Written on May 7, 2025 at 7:05 am, by
Crude Oil Oil prices have staged a mild rebound following the heavy sell-off earlier in April, but the recovery remains fragile. Prices failed to breach the 0.618 Fibonacci retracement level, a key resistance zone, and have since formed a head-and-shoulders pattern, typically a bearish reversal signal, reinforcing the view that oil remains locked in aContinue Reading
Geopolitical Flashpoints and FOMC Anxiety Rattle Global Markets

Written on May 7, 2025 at 7:03 am, by
Market Summary Markets were cautious on Tuesday as investors weighed geopolitical tensions and central bank uncertainties. The U.S. dollar weakened ahead of the highly anticipated FOMC decision, with expectations for no rate change that were already priced-in in the market. However, concerns over renewed friction between President Trump and Fed Chair Powell added an additionalContinue Reading
Understanding Fibonacci Retracement Levels: A Key Tool for Technical Analysis

Written on May 7, 2025 at 7:00 am, by seoagencyteam
Understanding Fibonacci Retracement Levels: A Key Tool for Technical Analysis In the world of technical analysis, traders rely on a variety of tools to better understand market behaviour. Among the most respected methods is the use of Fibonacci retracement levels, a system rooted in mathematical principles that can help identify potential support and resistance zonesContinue Reading