Gold opened higher and above its 50-day simple moving average (SMA) on Monday, stretching Friday’s impressive 2% rally, which was the fastest daily run since November 10, up to a five-week high of 1,894. The precious metal restored its safe-haven feature in the wake of the Silicon Valley Bank’s fallout, quickly recouping last Tuesday’s freefall […]
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Daily Pivots: (S1) 143.16; (P) 144.08; (R1) 144.61; More… As USD/JPY’s fall from 145.90 extends, focus is back on 141.96 support. Firm break there will argue that rebound from 139.87 has completed as a corrective Read more…
Skims, a shapewear brand founded by billionaire socialite Kim Kardashian and entrepreneurs Emma Grede and Jens Grede, has proved over the past few years that it is becoming a major threat in the loungewear and Read more…
Daily Pivots: (S1) 0.8200; (P) 0.8237; (R1) 0.8261; More…. No change in USD/CHF’s outlook as range trading continues. Intraday bias remains neutral for the moment. On the upside, above 0.8333 will resume the rebound from Read more…