• USD/CHF Rally? It Just MAY

    May is no stranger to USD/CHF lows. In fact, a trendline crosses the lows from May 2014, May 2015, and last week. A bullish wedge from the November high is in the crosshairs.
  • Why Is The Crypto Market Down Today?

    Why Is The Crypto Market Down Today?
    The cryptocurrency market experienced a modest downturn on Friday, with the aggregate value of all digital coins hovering near $2.17 trillion. The market fell as much as 0.38% during the session before largely stabilizing to trade with minimal net movement. Analysts attributed the cautious positioning to two concurrent events: the anticipated release of employment data and the expiration of a substantial quantity of Bitcoin derivatives contracts.
    Market participants were bracing for the July jo
  • US Dollar Price Forecast: NFP Countdown Keeps DXY, EUR/USD and GBP/USD in Focus

    US Dollar Price Forecast: NFP Countdown Keeps DXY, EUR/USD and GBP/USD in Focus
    Foreign exchange markets maintained focus on forthcoming U.S. employment data, which traders viewed as a critical indicator for Federal Reserve monetary policy decisions later in the year. The anticipated nonfarm payrolls report was positioned as the primary market catalyst following the previous week’s central bank meetings across major economies.
    The European Central Bank maintained its key interest rate on overnight deposits at 2.25% and reiterated its data-dependent approach. Market p
  • Global equity funds draw inflows for 11th week as upbeat earnings lift sentiment

    Global equity funds draw inflows for 11th week as upbeat earnings lift sentiment
    Global equity funds attracted net inflows of $21.15 billion during the week ended August 5, marking the 11th straight week of positive flows into the asset class. The inflows followed roughly $27.72 billion in net purchases the previous week, according to data from LSEG Lipper. Market sentiment was bolstered by positive developments in the earnings season, including Amazon’s strongest cloud growth performance in more than four years and strong results from industrial bellwether Caterpilla
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  • Current price of oil as of August 7, 2026

    Current price of oil as of August 7, 2026
    Brent crude oil closed at $86.04 per barrel in early trading, representing a gain of $2.40 from the previous session. The price represented an increase of approximately 28.43% compared to one year earlier and was up 18.47% from one month prior.
    Oil prices are primarily driven by supply and demand dynamics, with major geopolitical events, economic concerns, and large-scale disruptions capable of causing rapid shifts in the market. Retail gasoline prices do not directly mirror crude oil movements
  • Bitcoin Bulls Go Missing as BTC Upside Volatility Sinks to All-Time Low: Glassnode

    Bitcoin Bulls Go Missing as BTC Upside Volatility Sinks to All-Time Low: Glassnode
    Bitcoin failed to participate in a broader rally that saw major equity indices and gold reach record levels following the Federal Reserve’s decision to maintain interest rates steady on July 29. The cryptocurrency remained slightly below levels recorded one week prior and trailed the S&P 500 by more than four percentage points. Oil similarly moved lower as geopolitical tensions eased, but Bitcoin’s stagnation persisted despite significant market activity elsewhere.
    A major secur
  • Big Tech is borrowing its way through the AI boom: Chart of the Day

    Big Tech is borrowing its way through the AI boom: Chart of the Day
    Large technology companies are accessing debt markets at unprecedented levels to fund their artificial intelligence infrastructure buildouts. Alphabet, Amazon, Meta, and Oracle collectively issued roughly $194 billion in bonds during the year, representing nearly twice their combined bond issuances from 2025. Alphabet’s latest bond offering attracted substantial investor interest, with the company receiving approximately $115 billion in orders for a potential $25 billion deal, significant
  • Are Wall Street Analysts Bullish on Walt Disney Stock?

    Are Wall Street Analysts Bullish on Walt Disney Stock?
    Walt Disney Company operates as a diversified entertainment and media conglomerate with operations spanning film and television production, streaming services, theme parks, consumer products, and cruise vacations. The company maintains a market capitalization of $180.8 billion and controls some of the world’s most valuable intellectual property franchises, including Disney, Pixar, Marvel, Star Wars, and ESPN.
    Disney shares have faced headwinds throughout the year. Over the past year, the
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  • Warner Bros. Discovery reports 10% jump in streaming revenue ahead of proposed Paramount combination

    Warner Bros. Discovery reports 10% jump in streaming revenue ahead of proposed Paramount combination
    Warner Bros. Discovery disclosed strong performance in its streaming operations during second-quarter earnings on Thursday, with the segment generating more than $3 billion in revenue and representing a 10% increase compared to the prior year. The company reported adjusted earnings before interest, taxes, depreciation and amortization of more than $500 million from streaming, with HBO Max serving as the primary driver of growth.
    Executive leadership attributed the streaming gains to the quality
  • Versant raises 2026 outlook on strength of platforms segment and advertising momentum

    Versant raises 2026 outlook on strength of platforms segment and advertising momentum
    Versant Media Group boosted its financial outlook for the year, citing accelerating performance across its digital business segments. The company now projects total revenue between $6.2 billion and $6.45 billion, along with adjusted earnings before interest, taxes, depreciation and amortization of $1.9 billion to $2.05 billion.
    The guidance increase came after the company reported second-quarter results that exceeded Wall Street expectations on both revenue and earnings metrics. This represente
  • Restaurant Brands Q2 2026 earnings beat on Burger King U.S. sales

    Restaurant Brands Q2 2026 earnings beat on Burger King U.S. sales
    Restaurant Brands International posted second-quarter results that exceeded analyst forecasts, with adjusted earnings per share reaching $1.07 compared to expectations of $1.03. Net revenue increased 4.5% to $2.52 billion, aligning with analyst projections.
    Burger King delivered the primary driver of the company’s outperformance, with U.S. same-store sales climbing 8.5%, a substantial acceleration from 1.5% growth in the equivalent quarter a year prior. The brand’s overall comparabl
  • Phillips 66 net profit rises 339% to $3.8bn in Q2 2026

    Phillips 66 net profit rises 339% to $3.8bn in Q2 2026
    Phillips 66 posted second-quarter net earnings of $3.8bn for the period ended 30 June 2026, up 339% from $877m in the comparable quarter of the previous year. The petroleum refineries company’s diluted earnings per share climbed 344% year-over-year to $9.55 from $2.15. Sales reached $51bn, a 53% increase from $33.3bn, while revenue grew 55% to $52bn from $33.5bn in the prior-year period.
    The company attributed its performance to higher margins and improved operational efficiency across it
  • Kenvue misses quarterly estimates as inflation, tariffs squeeze margins

    Kenvue misses quarterly estimates as inflation, tariffs squeeze margins
    Kenvue reported second-quarter results that fell slightly short of Wall Street expectations, with multiple cost pressures impacting profitability. The consumer-health company’s adjusted gross margin contracted to 60.2% from 60.9% in the year-earlier period, as inflationary pressures, tariff expenses, and currency-related headwinds outpaced gains from supply-chain efficiencies and pricing increases.
    The company posted adjusted earnings of 31 cents per share, trailing the analyst consensus
  • Jamie Dimon warns record margin debt could trigger market disruption

    Jamie Dimon warns record margin debt could trigger market disruption
    JPMorgan Chase Chief Executive Officer Jamie Dimon cautioned that leverage in financial markets has reached unprecedented levels, with substantial borrowing concealed under various designations beyond traditional margin debt. During an interview with CNBC, Dimon identified prime brokerages, hedge funds, exchange-traded funds, and Treasury arbitrage strategies as key sources of the elevated leverage across markets.
    Dimon expressed concern that such high levels of leverage increase the probabilit
  • Chinese humanoid robot maker Unitree prices IPO at $9 billion valuation

    Chinese humanoid robot maker Unitree prices IPO at $9 billion valuation
    Unitree, a Hangzhou-based robotics company also known as Yushu Technology, completed the pricing of its Shanghai initial public offering on the STAR Market. The company set the offer price at 150.8 yuan per share, resulting in a valuation of approximately 61 billion yuan, or around 9.04 billion dollars. This pricing represents an increase from an earlier target range of up to 50 billion yuan that had been previously reported. The IPO marks a significant milestone as Unitree becomes the first ma
  • AMD’s Beat-and-Raise Q2 Earnings Shows Just How High the AI Bar Is

    AMD’s Beat-and-Raise Q2 Earnings Shows Just How High the AI Bar Is
    Advanced Micro Devices reported second-quarter financial results that exceeded Wall Street consensus estimates on both revenue and earnings while providing third-quarter guidance above expectations. The company’s data center revenue reached $6.7 billion, representing a 107% increase year-over-year, driven by demand for EPYC server processors and Instinct AI accelerators. Total revenue came in at $11.5 billion, up 50% annually, with earnings per share of $1.66, reflecting a 246% increase.
  • The divide between Eli Lilly and Novo Nordisk is widening after their latest earnings

    The divide between Eli Lilly and Novo Nordisk is widening after their latest earnings
    Eli Lilly and Novo Nordisk both exceeded second-quarter expectations and raised full-year guidance, yet the market’s response to their results differed significantly, highlighting growing confidence disparities between the two obesity and diabetes drug manufacturers.
    Lilly reported revenue growth of 48% compared with the prior year, driven by demand for its Mounjaro diabetes treatment and Zepbound obesity drug. The company raised its full-year revenue guidance, demonstrating investor conf
  • XAU/USD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26

    XAU/USD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26
    Major Takeaways Main scenario: Consider long positions from corrections above 4,115.00 with a target of 4,900.00–5,610.00. A buy signal: the price holds above 4,115.00. Stop Loss: below 4,045.00, Take Profit: 4,900.00–5,610.00. Alternative scenario: Breakout and consolidation below the level of 4,115.00 will allow the asset to continue declining to the levels of 3,720.00–3,290.55. A sell signal: the level of 4,115.00 is broken to the downside. Stop Loss: above 4,185.00, Take Pr
  • WTI Crude Oil: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26

    WTI Crude Oil: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26
    Major Takeaways Main scenario: Consider long positions from corrections above 67.00 with a target of 105.17–115.50. A buy signal: the price holds above 67.00. Stop Loss: below 65.50, Take Profit: 105.17–115.50. Alternative scenario: Breakout and consolidation below the level of 67.00 will allow the asset to continue declining to the levels of 58.50–50.00. A sell signal: the level of 67.00 is broken to the downside. Stop Loss: above 68.50, Take Profit: 58.50–50.00.Main sce
  • USD/JPY: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26

    USD/JPY: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26
    Major Takeaways Main scenario: Consider short positions from corrections below the level of 164.00 with a target of 151.76–148.87. A sell signal: the price holds below 164.00. Stop Loss: above 164.70, Take Profit: 151.76–148.87. Alternative scenario: Breakout and consolidation above 164.00 will allow the pair to continue rising to the levels of 166.50–170.00. A buy signal: the level of 164.00 is broken to the upside. Stop Loss: below 163.30, Take Profit: 166.50–170.00.Mai
  • GBP/USD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26

    GBP/USD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26
    Major Takeaways Main scenario: Consider long positions from corrections above 1.3274 with a target of 1.3870–1.4140. A buy signal: the price holds above 1.3274. Stop Loss: below 1.3230, Take Profit: 1.3870–1.4140. Alternative scenario: Breakout and consolidation below the level of 1.3274 will allow the pair to continue declining to the levels of 1.3140–1.2936. A sell signal: the level of 1.3274 is broken to the downside. Stop Loss: above 1.3315, Take Profit: 1.3140–1.2936
  • EUR/USD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26

    EUR/USD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26
    Major Takeaways Main scenario: Consider long positions from corrections above 1.1350 with a target of 1.1790–1.2088. A buy signal: the price holds above 1.1350. Stop Loss: below 1.1305, Take Profit: 1.1790–1.2088. Alternative scenario: Breakout and consolidation below the level of 1.1350 will allow the pair to continue declining to the levels of 1.1124–1.0892. A sell signal: the level of 1.1350 is broken to the downside. Stop Loss: above 1.1395, Take Profit: 1.1124–1.0892
  • USD/CHF: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26

    USD/CHF: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26
    Major Takeaways Main scenario: Consider short positions from corrections below the level of 0.8206 with a target of 0.7755–0.7593. A sell signal: the price holds below 0.8206. Stop Loss: above 0.8245, Take Profit: 0.7755–0.7593. Alternative scenario: Breakout and consolidation above 0.8206 will allow the pair to continue rising to the levels of 0.8400–0.8600. A buy signal: the level of 0.8206 is broken to the upside. Stop Loss: below 0.8165, Take Profit: 0.8400–0.8600.Mai
  • Peloton posts first-ever annual net profit, but shares drop as outlook disappoints

    Peloton posts first-ever annual net profit, but shares drop as outlook disappoints
    Peloton achieved profitability for the first time as a public company in fiscal 2026, reporting net income of $63.2 million for the year ended June 30, compared with a loss of $118.9 million in the prior-year period. The company attributed the turnaround partly to price increases implemented on hardware and subscription services in the previous fall. Chief Executive Peter Stern characterized the fiscal year as a “landmark” achievement that demonstrated the company’s maturation
  • Netlist Lands Samsung Alliance Worth Up to $750M in Patent Fees

    Netlist Lands Samsung Alliance Worth Up to $750M in Patent Fees
    Netlist, Inc. announced a comprehensive five-year strategic alliance with Samsung that encompasses patent portfolio cross-licensing, memory product supply, technology cooperation, and Samsung’s acquisition of 10 million Netlist shares. The agreement resolves pending litigation between the two companies while establishing a framework for ongoing business collaboration.
    Under the patent licensing components, Netlist will receive an upfront patent license fee of $200 million after withholdin
  • Fed’s Daly says central bank was right to hold rates steady at July policy meeting

    Fed’s Daly says central bank was right to hold rates steady at July policy meeting
    Federal Reserve Bank of San Francisco President Mary Daly stated her backing for the monetary policy committee’s recent decision to maintain borrowing costs, according to remarks delivered at an economics conference in Tokyo. She indicated the central bank required additional information ahead of the following month’s policy meeting to assess whether current inflation pressures stem from transitory supply disruptions or reflect a more entrenched price environment.
    Daly emphasized th
  • Airbnb stock soars 9% on earnings and revenue beat, strong guidance for third quarter

    Airbnb stock soars 9% on earnings and revenue beat, strong guidance for third quarter
    Airbnb delivered second-quarter financial results that surpassed consensus analyst estimates, prompting a 9% stock price increase in extended trading. The company reported revenue growth of 17% compared to the prior year, reaching $3.1 billion, while net income climbed to $816 million from $642 million in the year-ago period.
    The vacation rental platform provided forward guidance that also beat market expectations. For the current period, the company projected revenue between $4.69 billion and
  • USD/CAD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26

    USD/CAD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26
    Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.4082 with a target of 1.3900–1.3820. A sell signal: the price holds below 1.4082. Stop Loss: above 1.4125, Take Profit: 1.3900–1.3820. Alternative scenario: Breakout and consolidation above 1.4082 will allow the pair to continue rising to the levels of 1.4250–1.4400. A buy signal: the level of 1.4082 is broken to the upside. Stop Loss: below 1.4040, Take Profit: 1.4250–1.4400.Mai
  • Gold Returns to the Spotlight. Forecast as of 07.08.2026

    Gold Returns to the Spotlight. Forecast as of 07.08.2026
    Throughout the conflict in the Middle East, gold remained in the shadow of other assets amid concerns that rising inflation could prompt the Fed to tighten monetary policy. However, de-escalation is changing the game. Let's discuss this topic and outline a trading plan. Major Takeaways De-escalation has breathed new life into gold. When inflation is high and the Fed holds back, XAU/USD rises. Central bank demand is supporting the precious metal. Weak employment data would provide an opportu
  • Short-Term Analysis for Oil, Gold, and EURUSD for 07.08.2026

    Short-Term Analysis for Oil, Gold, and EURUSD for 07.08.2026
    Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.The euro continues to trade in a short-term uptrend.Major TakeawaysUSCrude: Oil prices are retreating from the resistance A of 77.93–77.53. XAUUSD: Gold is testing the upper Target Zone of 4,298–4,267. EURUSD: The euro is facing a minor correcti

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