GBPUSD Weekly Technical Analysis The GBPUSD pair on the weekly timeframe is exhibiting signs of bearish pressure. The price has broken below a key support level and is currently hovering near 1.29137. The 70-period moving average is trending...
EUR/USD You are right that both price movement scenarios should be taken into account. The EUR/USD price may rise or fall. Nobody knows the future. But at the same time, I only trade on forecasts. That is where the most reliable assumptions are...
Summary United States: February will bounce more likely a false head Retail sales, industrial production, existing house sales and housing start in February, leaving the decline in the published month before. However, on closer examination, basic...
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 observe the USD/JPY daily chart’s 1-2-3 pattern as a compelling technical structure, where the prolonged second wave spanning four months suggests a complex correction phase. I note that the recent price action above the 146.75 level adds...
