GameStop shares tumble after CEO says store network will shrink

GameStop Stock daily chart

Shares of GameStop tumbled after CEO Ryan Cohen told investors that the videogame retailer plans to operate a smaller network of stores, but did not provide details on what it intends to do with its cash pile.

Dollar slips against euro as European political jitters subside

EUR/USD daily chart

The dollar slipped against the euro, as the common currency recovered from the more than one-month lows hit last week amid political turmoil in Europe.

The Euro got a slight bump of 0.2% against the Dollar in the last session. The CCI’s is giving a positive signal.

The Euro-Dollar pair gained a moderate 0.2% in the last session.
The CCI is giving a positive signal.
Support: 1.0694 | Resistance: 1.0716

The Oil-Dollar pair skyrocketed 2.6%

Oil prices rose by more than a dollar a barrel to start the week, adding to last week’s gains as investors turned more optimistic on demand growth in the months ahead.

WTI/USD exploded 2.6% in the last session.
The MACD is giving a positive signal.
Support: 78.1067 | Resistance: 78.6267

Gold notched first weekly gain in 4 weeks

Gold prices rose over 1% and notched their first weekly gain in four, as signs of slowing inflation in the U.S. raised hopes of a rate cut later this year and a stock selloff across Europe also lent support.

The Gold-Dollar pair exploded 1.3% in the last session. The ROC is giving a positive signal.
Support: 2277.6233 | Resistance: 2339.6533