Gold is attempting to recover after a sustained decline, with price currently reacting from a highlighted demand area where buying interest has started to appear. This reaction suggests that sellers may be losing short-term control, although further confirmation is still needed before a stronger recovery can be considered. A key feature on the chart is…
The Macro Picture 🗺️ WLD ran a parabolic move from $0.24 to the mid-June $0.72 structural peak — the kind of vertical extension that demands a deep correction once momentum fades. That reset arrived fast: price sliced roughly 50% off the top back to $0.36 by early July, carving a sequence of lower highs on…
Market Context:Following a sustained and aggressive Up Trend, GBPJPY is showing definitive signs of trend exhaustion at its cyclical peaks. The price has developed a textbook Head and Shoulders reversal pattern, signaling a major structural shift as buyers lose control and a significant bearish correction looms. Technical Analysis: Pattern Dynamics: The structure consists of a…
The Macro Picture 🗺️ PEPE unwound its May $0.0000046 highs through a persistent descending structure, and the selling finally bottomed at $0.0000023 in early July. The tape has since changed character: price carved out a higher low, reclaimed the equilibrium, and dragged RSI back above the midline near 53. That shift from lower lows to…
Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors. You can’t win ’em all. ETFs as a whole had an uncharacteristic week of outflows earlier this month, with about $3.7 billion in redemptions, according to ETF.com. The week ending July 3 came amid a…
NEW YORK (AP) — Oil prices jumped Monday following a weekend of attacks in the Middle East, while more losses for computer chip companies and other winners of the artificial-intelligence boom dragged stock markets lower. The price for a barrel of Brent crude oil, the international standard, climbed 9.6% to $83.30 after the United States…
BEIJING, July 13 (Reuters) – China’s exports likely grew at a slightly slower but still-solid pace in June, as firms accelerated shipments to the U.S. ahead of possible new tariffs, rode the AI boom, and competed aggressively on prices to win over cost-conscious consumers. Exports from the world’s second-largest economy are forecast to have risen…
By Heekyong Yang, Gregor Stuart Hunter and Shashwat Chauhan July 13 (Reuters) – SK Hynix’s Seoul shares posted their biggest one-day fall in nearly two decades on Monday, tumbling more than 15%, as investors unwound gains from a scorching rally following the company’s Nasdaq debut last week. The company’s U.S.-listed shares dropped 7.9% to $154.7…
Robinhood Markets (NASDAQ: $HOOD) is preparing to bring AI-powered trading agents into crypto, extending a beta product that has already drawn more than 70,000 accounts across equities and options. The brokerage said U.S. customers will soon be able to connect third-party AI agents that can analyze markets, build strategies and place crypto trades on their…
Supermajors are set to report bumper profits for the second quarter thanks to the surge in oil and gas prices, driven higher by the hostilities between the United States, Israel, and Iran. This is a problem for governments—notably the Trump administration, but politicians in Europe are angry at Big Oil’s good fortune again. Oil prices…
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