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!
Early in the American session, the euro (EUR/USD) is trading below the 21 SMA and above the 6/8 Murray, showing signs of exhaustion. The instrument is likely to continue a technical correction for the next few hours.
The euro could resume its bullish cycle if it consolidates above 1.1150. Then, EUR/USD could reach 7/8 Murray at 1.1169 and finally, it could reach the top of the downtrend channel around 1.1200.
Technically, the euro is seen to be oversold. The key for the price is to remain below the 21 SMA. This could be seen as a signal to sell.
In turn, with a sharp break of the uptrend channel and a consolidation below 1.1108, EUR/USD could continue the bearish movement and the price could reach the 200 EMA located at 1.1061 and finally, could reach 4/8 of Murray around 1.0986.
*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।
