Monthly Archives: May 2025

Chart the Market (21/05/2025)

Written on May 21, 2025 at 6:27 am, by

VIX, H4:  The S&P Volatility Index (VIX) has slipped to levels last seen ahead of the sharp rebound in March, continuing to trade below its descending resistance line—reinforcing a broader bearish structure. However, technical indicators suggest that downside momentum is fading, raising the potential for a near-term rebound. The Relative Strength Index has exited oversoldContinue Reading

Sterling Extends Gains to 11-Month High, CPI and G7 Meeting in Focus

Written on May 21, 2025 at 6:25 am, by

 Key Takeaways: *Pound Sterling gained ahead of the UK CPI reading.  *Eyes on the G7 meeting that could alter the Pound Sterling price direction.  The Pound Sterling has extended its rally, rising to its strongest level against G7 peers since last July, supported by robust UK economic data and positive momentum from recent U.S.-UK tradeContinue Reading

Euro Rises as Hopes for Russia-Ukraine Ceasefire Talks Grow

Written on May 21, 2025 at 6:24 am, by

 Key Takeaways: *Market optimism rises as diplomatic channels reopen between Russia and Ukraine. *Trump’s active mediation sparks hopes for ceasefire, although no truce has been secured. *Euro supported by potential easing of geopolitical tensions in Eastern Europe. Prospects for resolving the Russia-Ukraine conflict have offered a glimmer of hope for the eurozone economy, lifting sentimentContinue Reading

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