Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za EURUSD (Euro / U.S. Dollar) - DAILY Highlights: Euro / U.S. Dollar Momentum Climax:  The daily momentum profile is flashing a rare "maximum velocity" signal. Both the Ultra Short Term and Short Term indicators are effectively "pegged" at their mathematical ceilings in the "Extreme Overbought"  tier. W

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za A very decent rebound from 16470c to 17563c. Short term traders consider taking profits around these levels. Previous Post (02 December at 10h29am): Exxaro Resources: Lower Levels Expected But Probability of Small Rebound (on Higher Time Frame) Lower levels expected in the ultra short term but probabi

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Strong rebound from lower boundary of buy re-entry range (7935c to 8652c). Previous Post (02 December, Intraday)🎥Video: Thungela Resources: Intraday Cash Flow Previous Post (02 December, Pre-Market): Thungela Resources: Trading Levels + Momentum Analysis Highlights: Vertical Momentum Spike:  The Dail

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Highlights: JSE Top 40 Index Short-Term Momentum Collapse:  The index is experiencing a sharp tactical correction. Both the Ultra Short Term and Short Term momentum indicators have plunged into the "Weak"  tier. This signals an immediate exodus of short-term capital and "risk-off" positioning by local

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Now retracing toward the rising 8-day EMA. Previous Post (01 December): 🎥Video: Trading Harmony Gold; Running +21% vs Buy Re-Entry + Next Best Probabilities Previous Post (30 November): Trading Harmony Gold: Price Action Model + Analysis of Weekly Structure FOR THE SECOND TIME IN RECENT WEEKS, HARMON

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za All Data & Views as at end of day on Tuesday, 02 December 2025. Analyst's Price Action Model Technical Take #1: Price Action Model Based (Basic) Technical Take #2: Price Action Model Based (Expanded) Technical Take #3 (Momentum-based) Trading Notes/Resources (Where Applicable) READY TO TRADE: ACTIONAB

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Lester Davids Senior Investment Analyst: Unum Capital

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Trading Notes/Resources (Where Applicable) READY TO TRADE: ACTIONABLE AREAS:  For active traders who look to generate cash flow on a continuous basis, determining the ‘next best probability’ level to execute against may be of immense value.  The blue and red  horizontal lines on the chart  represent a

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Trading Notes/Resources (Where Applicable) READY TO TRADE: ACTIONABLE AREAS:  For active traders who look to generate cash flow on a continuous basis, determining the ‘next best probability’ level to execute against may be of immense value.  The blue and red  horizontal lines on the chart  represent a

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Trading Notes/Resources (Where Applicable) READY TO TRADE: ACTIONABLE AREAS:  For active traders who look to generate cash flow on a continuous basis, determining the ‘next best probability’ level to execute against may be of immense value.  The blue and red  horizontal lines on the chart  represent a

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Trading Notes/Resources (Where Applicable) READY TO TRADE: ACTIONABLE AREAS:  For active traders who look to generate cash flow on a continuous basis, determining the ‘next best probability’ level to execute against may be of immense value.  The blue and red  horizontal lines on the chart  represent a

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Strong rebound from lower boundary of buy re-entry range (7935c to 8280c). Previous Post (02 December, Intraday)🎥Video: Thungela Resources: Intraday Cash Flow Previous Post (02 December, Pre-Market): Thungela Resources: Trading Levels + Momentum Analysis Highlights: Vertical Momentum Spike:  The Dail

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za A very decent rebound from 16470c to 16961c. Intraday traders consider taking profits around these levels. Previous Post (02 December at 10h29am): Exxaro Resources: Lower Levels Expected But Probability of Small Rebound (on Higher Time Frame) Lower levels expected in the ultra short term but probabili

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Previous Post (02 December, Pre-Market): Thungela Resources: Trading Levels + Momentum Analysis Highlights: Vertical Momentum Spike:  The Daily chart is witnessing an aggressive liquidity inflow. The Ultra Short Term (2-Day) momentum indicator has surged deep into the "Overbought"  tier. This indicate

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Lower levels expected in the ultra short term but probability of small rebound (on higher time frame) - based on price action model. Trading Notes/Resources (Where Applicable) READY TO TRADE: ACTIONABLE AREAS:  For active traders who look to generate cash flow on a continuous basis, determining the ‘n

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Highlights: Gold Spot / U.S. Dollar Bullish Consolidation:  Gold is exhibiting a textbook "bullish consolidation" pattern. While the price has paused slightly just under the recent all-time highs of $4,236 , it is refusing to give back meaningful ground. This stubbornness in the face of a momentum res

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Highlights: Vertical Momentum Spike:  The Daily chart is witnessing an aggressive liquidity inflow. The Ultra Short Term (2-Day) momentum indicator has surged deep into the "Overbought"  tier. This indicates extreme buyer urgency and typically signifies a "panic buy" or short-squeeze scenario where pr

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za Trading Notes/Resources (Where Applicable) READY TO TRADE: ACTIONABLE AREAS:  For active traders who look to generate cash flow on a continuous basis, determining the ‘next best probability’ level to execute against may be of immense value.  The blue and red  horizontal lines on the chart  represent a

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za REBOUNDING OFF THE 21-WEEK EMA WITH VERY DECENT UPSIDE FOLLOW-THROUGH. Highlights: Valterra Platinum Limited (Combined, UPDATED View) Daily "Super-Heat" Signal:  The Daily  chart is flashing an extreme velocity warning. The Ultra Short Term (2-Day) momentum indicator has hit deep into the "Overbought"

Research Notes December 2025 > https://www.unum.capital/post/rdec2025 Trade   Local & Global Financial Markets with Unum Capital. To get started, email   tr adingdesk@unum.co.za If the share immediately continues it's bullish trend/acceleration, then then it could be extended vs it's 8 and 21-day EMA. Look for an overshoot of the previous swing high combined with deteriorating candle structure in the ultra short term. If it pulls back immediately, then we would look to buy di