News of the day, Wednesday, March 23
Despite the recent rate hike by Fed, the S&P 500 rose rapidly by 6,2% last week, showing the most positive results since November 2020. However, Morgan Stanley strategists do not expect it to last long. The Treasury yield curve for 10-year and two-year …
Gold managed to breach the support level 1926.80, but it kept moving near this level in an attempt to end the sideways path and start a bearish path, provided it remains below the mentioned level and stays away from it to the downside.
The moving averages are an additional factor …
The GBP/USD pair was able to breach the resistance level 1.3180 and started in a strong bullish path, and reached the next target at the 1.3280 level, thus achieving the first target of the ascending path.
Stability in the movement above the level of 1.3180 is an important condition for …
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