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 fall of the current week indicates that the downward momentum has received a new round of development. Today, the monthly low is being updated and there are no restrictions on weakening yet. Now, the pair has reached the zone of the weekly average move, so it is necessary to fix part of the sales, as the probability of the formation of a corrective upward movement increases. The probability of continuing the fall next week is still above 80%.
A good target for medium-term fixations will be the level of 1.1591. So far, it looks optimistic. However, the number of applications for the purchase of the European currency is still quite large, which suggests a continuation of the decline within the average weekly moves, which amount to 140pp. In the next couple of days, it is better to concentrate on finding favorable selling prices for the instrument. We can consider the zone that was the August low last week.
Selling price - 1.1700
Stop loss - 1.1730
Take profit - 1.1591
Risk/profit ratio - 1 to 3
*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।
