Monthly Archives: August 2025
Chart the Market (27/08/2025)
Written on August 27, 2025 at 9:12 am, by
ETH, H4: Ethereum (ETH) recently surged to a fresh high near the $5,000 psychological level, but the rally has since lost steam, with prices retracing 12% from the peak. The pullback has filled the fair value gap (FVG) left during the previous uptrend, suggesting the token remains within its broader bullish trajectory. A decisive breakContinue Reading
Oil Slides Over 2% as Market Sentiment Sours; Eyes on U.S. Crude Data
Written on August 27, 2025 at 9:10 am, by
Key Takeaways: *Prices dropped from $65.10 to near the critical $63.00 level, the steepest single-day fall in August, raising bearish risks. *Trump’s firing of Fed Governor Cook and upcoming U.S. tariffs on India fueled risk-off sentiment and demand concerns. *Today’s inventory report could be pivotal, with a surprise build threatening a deeper drop below $63.00.Continue Reading
Canadian Dollar Under Pressure Amid Economic Uncertainty; GDP Data in Focus
Written on August 27, 2025 at 9:10 am, by
Key Takeaways: * Inflation slowed to 1.7% in July from 1.9% in June, while unemployment remained at 6.9%, underscoring persistent labor market weakness. *Softer fundamentals and trade-related pressures from U.S. tariffs continue to anchor expectations for a cautious policy stance in upcoming meetings. *GDP growth is projected to stabilize around 1.8% in 2026, offering some support.Continue Reading
