Based on my analysis, I believe there is potential for a general decline towards the 1.0540-1.0440 area. I observe that the daily chart indicates the price initially broke out of the upper border of the daily channel but has since retraced back into...
Technical Analysis of GBP/NZD The GBP/NZD currency pair closed the trading week at 2.2525, reflecting a consolidation phase within a defined range. The pair is currently positioned between the immediate support level at 2.2450 and the resistance...
In the United Kingdom, a public limited company (PLC) is a type of public corporation. PLC is the international equivalent of a publicly traded company in the United States that bears the Inc. or corporation name. Use of the PLC acronym after a...
I believe the current downward trend in EURUSD is likely targeting a key support level below the current price. If this scenario unfolds, I expect the price to decline toward the volume level of 1.0771 after the market opens. I think this level...
The EUR/USD pair experienced a notable decline following Friday's European trading session, retreating to the vicinity of 1.0820, marking its third consecutive day of losses. This sustained downward trend has resulted in a weekly loss exceeding 1%,...
