Platinum price is hovering above the crucial support level of $1,950 after rising above it earlier this week. The easing of crude oil prices below the triple-digit zone has offered some relief to precious and industrial metals. Nonetheless, the bulls lack enough momentum to secure the support zone as investors weigh the fragile de-escalation hopes.
Blockage of the all-important Strait of Hormuz has caused the largest disruption in the oil market, and gold price is feeling the heat. While the long-term outlook remains bullish, investors are keen on how the Fed and other major central banks will respond to the uncertainties. Besides, hopes of a ceasefire in the Middle East
Pop Mart stock price continued its freefall in Hong Kong on Friday, reaching a low of $150, its lowest level since April 17. It has plunged by over 55% from its highest level last year, erasing billions of dollars in value. Pop Mart stock drops despite share buyback The Pop Mart stock price has slumped
The Japanese yen continued its downtrend this week, raising the possibility that the Bank of Japan (BoJ) will intervene as it nears a crucial level. The USD/JPY exchange rate was trading at 159.60, a few points below the all-time high of 161.95. It has soared by over 14.3% from its lowest point last year. Why
The crypto market has remained on edge this year, with Bitcoin and most altcoins falling into a bear market. Still, beneath the surface, some cryptocurrencies are doing relatively well, meaning that they will rebound over time. Hyperliquid (HYPE) HYPE is one of the best crypto tokens to buy today because of its strong fundamentals. Data
Pi Network price has gone nowhere this week as the recent bullish momentum waned after Pi Day and Kraken listing. The token dropped to $0.1800 on Friday, down by 37% from its highest point this month. So, will the Pi Coin price rebound or continue falling? Pi Network price drops amid the rising headwinds Pi
The iShares 20+ Year Treasury Bond ETF (TLT) remains under intense pressure this year as investors have remained concerned about the ballooning US government debt and rising long-term bond yields. The TLT ETF stock dropped to $86, down by nearly 5% from its highest point this year. Soaring US debt has pushed investors to BIL
The AT&T stock price has jumped this year and is now nearing the all-time high, continuing the uptrend that has been going on since 2023. It jumped to a record high of $29.45 this week, up by 150% from its lowest point in 2023. It has formed a risky chart pattern, which bulls need to
Lumentum stock price has gone vertical this year and is now trading at its all-time high. LITE jumped to a high of $803, up by 1,600% from its lowest level in December. This rally may be about to end as it approaches the distribution phase of the Wyckoff Theory. Wyckoff Theory suggests that the Lumentum
Asian indices like the Hang Seng, Nikkei 225, Shanghai Composite, and Kospi retreated on Thursday, erasing some of the gains made on Wednesday as optimism about talks between the United States and Iran rose. Hang Seng, Nikkei 225, Shanghai Composite, and Kospi are retreating Top Asian indices resumed their downtrend on Thursday. Data shows that