News of the day, Thursday, March 17
The much-awaited Fed meeting resulted in a rate hike yesterday. As expected, the rate increased by 0,25%. Although this number may seem tiny, it is important to consider this rate hike is not the last one this year. The prognosis of the interest …
Gold was able to rebound and breach the resistance level 1926.70 after achieving the target and reaching the support level of 1892.50 to give an initial signal to return to the bullish path provided that trading is stable above the level of 1926.50.
The moving average includes 20 resistance levels …
The GBP/USD pair managed to breach the resistance 1.3070 and head towards the next target, which is the 1.3180 level, thus giving a signal to start a new bullish movement if it succeeded.
The price breaching the EMA50 level formed an incentive to continue the rise. The average 50 is …
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