The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
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[XPD/USD]
With both EMAs in a Golden Cross intersection and RSI(14) in the Neutral-Bullish level, then XPD/USD has the potential today to strengthen toward its nearest resistance level.
Key Levels
1. Resistance. 2 : 1558.44
2. Resistance. 1 : 1526.35
3. Pivot : 1466.85
4. Support. 1 : 1434.76
5. Support. 2 : 1375.26
Tactical Scenario
Positive Reaction Zone: If the price holds above 1466.85, the move will likely advance toward 1526.35.
Momentum Extension Bias: If 1526.35 is broken out, 1558.44 may be tested next.
Invalidation Level / Bias Revision
The upside bias weakens if XPD/USD breaks down below 1375.26.
Technical Summary
EMA(50) : 1471.19
EMA(200): 1445.01
RSI(14) : 55.85
Economic News Release Schedule:
Tonight the United States will release one economic data point which is ISM Services PMI at 21:00 WIB.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
