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 gained traction after dropping toward 1.1270 during the European trading hours and turned positive on the day above 1.1300. The dollar seems to have lost its strength but rising US T-bond yields could help the currency stay resilient against its major rivals in the second half of the day.
The EUR/USD pair is neutral, although the risk is skewed to the downside. The daily chart shows that it has posted a third consecutive lower low, while the pair battles with a Fibonacci level, also a flat 20 SMA. The longer moving averages maintain their firmly bearish slopes well above the current level. Technical indicators, in the meantime, hover around their midlines without directional strength.
The 4-hour chart offers a neutral-to-bearish stance, as the pair is developing below bearish 20 SMA while struggling with converging 100 and 200 SMAs. Technical indicators have bounced from intraday lows but remain within negative levels.
Support levels: 1.1290, 1.1250, 1.1210
Resistance levels: 1.1345, 1.1380, 1.1425
*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।
