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!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
EUR / USD
Last Friday, the euro increased by 24 points in anticipation of the results of elections to the European Parliament and the decline in the volume of orders for durable goods in the US, which in April estimate showed a decrease of -2.1% against the forecast of -2.0% and growth of 2.6% in March. The results of the European elections were even slightly worse than expected; despite the receipt by the "Alliance of Liberals and Democrats for Europe" with the E. Macron's movement 102nd places in the European Parliament (3rd place after the European Party and the Progressive Alliance of Socialists and Democrats), France's party won the "Marine Le Pen National Association", which further shatters the position of President Macron. In Italy, the League won (M. Salvini), having won 57 seats in the European Parliament against 37 earlier. In general, it is obvious that the Eurosceptic sentiment is growing.
The price stopped at the Fibonacci level of 100.0%. Since today is a holiday in the USA and the UK, the price is unlikely to deviate much from this level. On the four-hour chart, Marlin oscillator is not in a hurry to turn down, respectively, the euro may still continue to grow, say, to the price channel line in the area of 1.1260, which is close to the highs of May 1 and 13.
The main focus for investors will now be the discussion in the new European Parliament of candidacy for the post of head of the ECB. As you know, the main contender is the head of the Central Bank of Germany, Weidmann. This is a strong positive impulse for the Euro. But, Germany may prefer its leadership in the European Commission. Thus, we are waiting for developments.
*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।