Latest Market News

Jun 02
Gap Home Kids line launches at Walmart

Gap Inc. GPS, -1.63% has launched a kids home line through its expanding partnership with Walmart Inc. WMT, -2.47% Gap Home Kids includes 200 items including bedding, rugs and window treatments priced from $20 to $79. Walmart and Gap first launched a home collection in June 2021 comprised of bedding and bath items, and have […]

Jun 02
The Aussie is retreating. Overview for 01.06.2022

After growing earlier, AUDUSD is now correcting.  The Australian Dollar is falling a bit against the USD on Wednesday. The current quote for the instrument is 0.7180. The Aussie had a great run and now requires a correction. On the other hand, the “greenback” is increasing the pressure – investors need “safe haven” assets as […]

Jun 02
EUR is declining a little bit. Overview for 01.06.2022

EURUSD has been declining for the second consecutive trading session; the risk attitude is not so great. The major currency pair continues slowly falling on Wednesday. The current quote for the instrument is 1.0731. The external background is slowly changing to cautious. In this situation, investors require “safe haven” assets, the “greenback” first of all, […]

Jun 02
Gold Futures (GOLD1!), H1 Potential For Bearish Continuation

Type: Bearish MomentumKey Levels:Resistance: 50877Pivot: 50577Support: 50290Preferred Case:On the H4, price is moving below the ichimoku cloud and breaking from the ascending channel which supports bearish bias that price will drop from our pivot at 50577 in line with the overlap resistance to the 1st support at 50290 in line with the pullback support, 161.8% […]

Jun 02
ZINC FUTURES (MCX:ZINC1!), H4 Potential For Bullish Continuation

Type: Bullish MomentumKey Levels:Resistance: 354.15Pivot: 326.7Support: 309.05Preferred Case:On the H4, with price moving above the ichimoku cloud and within the ascending trend channel, we have a bullish bias that price will rise from the pivot at 326.7 in line with the 78.6% fibonacci projection to the overlap resistance at 354.15 in line with the 61.8% […]

Jun 02
Optimism token falls 40%, prompting calls to bar dumpers from airdrops

Optimism’s freshly launched governance token, OP, has plunged 40% since peaking at $2.10, leading members of the community to discuss baring those who dumped their tokens from future airdrops. Cointelegraph reported on Tuesday that the Ethereum layer-2 scaling solution was overwhelmed with demand for the first OP governance token airdrop, as 5% of the token […]