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 has tumbled below 1.17, hitting the lowest since August 20 as Europe struggles with soaring gas prices and China suffers power cuts. US Consumer Confidence missed with 109.3 points. Fed Chair Powell explains the bank's taper signal.
The EUR/USD pair is down for a third consecutive day and may accelerate its decline. In the daily chart, the 20 SMA gains bearish strength far above the current level, as technical indicators remain within negative levels, with the RSI heading lower at around 35.
In the near term, and according to the 4-hour chart, the bearish case is firmly in place. The pair is below bearish moving averages, with the 100 SMA about to cross below the 200 SMA. Also, technical indicators remain near oversold readings, without signs of downward exhaustion.
Support levels: 1.1660 1.1620 1.1570
Resistance levels: 1.1720 1.1755 1.1785
*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।
