Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
The US dollar index reversed sharply lower after hitting 103.50 on Wednesday post the FOMC. The index continued to slide through 102.20 intraday on Thursday and is now seen to be trading close to 102.60. Bears might be poised to remain in control from here and 103.78 remains the bottom line now.
The US dollar index might continue to slide through 102.00 in the near term. Intraday resistance is seen through the 102.80-90 mark as bears prepare to resume lower. Ideally, prices should remain below 103.50 to confirm a meaningful top and potential trend reversal ahead. On the flip side, a break would indicate further upside going forward.
The US dollar index is well supported around 99.95, followed by 97.70, while interim resistance stays at 103.78 respectively. A break below 99.65 would confirm that bears are back in control and a potential trend has reversed. Traders might be preparing to initiate fresh short positions now with risk just above the 103.78 mark.
Potential drop through 99.65 and 97.70 against 103.78
Good luck!
*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।
