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 EUR/USD pair has increased and recouped some of the latest losses in the last hours. It is trading at 1.0725 at the time of writing and seems strongly bullish as DXY is in a corrective phase in the short term.
Technically, the price tested and retested the immediate support level and seems poised to approach and reach new highs. Today, the fundamentals should still drive the price. You already know from my analyses that US inflation could bring sharp fluctuations today.
The Consumer Price Index m/m and the Core CPI are expected to report a 0.4% growth in the last month, while CPI y/y is expected at 6.0%. Tomorrow, the US is to release high-impact data as well, so positive US data these days could lift the greenback.
Technically, the EUR/USD is trapped between 1.0663 and 1.0736. Escaping from this pattern should bring new trading opportunities. The rate retested the median line (ml) and the 1.0691 downside obstacle and is bout to hit the 1.0736 resistance again.
As long as it stays above the median line (ml), the bias remains bullish. The range pattern is seen as a bullish formation.
A valid breakout above 1.0736 and a new higher high activate the range pattern and is seen as a buying signal. Steeper growth could be activated if the price makes a valid breakout through the upper median line (uml).
*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।
