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!
The Australian dollar regained traction on Friday and bounced to three-day high, confirming initial reversal signal after Thursday's Doji candle signaled that three-day pullback from new highest in nearly two months (0.7478) lost traction.
A fresh advance was underpinned by growing optimism on Biden-Xi call as two presidents discussed how to avoid the conflict that lifted the risk-sensitive Aussie.
Bulls are facing strong barriers at 0.7408/11 (daily cloud base/50% retracement of 0.7478/0.7345 bear-leg). A break here would signal an end of the corrective phase and a reversal with weaker US dollar on pre-weekend profit-taking.
However, risk of a recovery stall is still into play, keeping the downside vulnerable.
Daily analysis reveals mixed signals as falling thickening daily cloud weighs and bullish momentum is fading, partially offsetting positive signals in bullish configuration and forming multiple bull-crosses.
Expect initial direction signals on break of either 0.7345 (Sep 8 low) or 0.7408 (daily cloud base).
Res: 0.7408, 0.7426, 0.7478, 0.7498.
Sup: 0.7378, 0.7345, 0.7327, 0.7308.
*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।
