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 statements of ECB and Fed representatives, as well as the contents of the FOMC's minutes of the meeting, did not make any impression on the market because they did not bring anything new, especially regarding the likely timing of the start of monetary policy easing. This led to euro and pound remaining stagnant.
Today, inflation data for the eurozone will be released, and it will likely confirm the preliminary estimate already taken into account by the market. Forecasts say it will show an increase in the indicator, similar to that of the UK's. Meanwhile, a decrease may be seen in the US, which will provoke further growth in pound. Additional factors for its rise will be an increase in US jobless claims.
EUR/USD gained 150 pips since rebounding from the support level of 1.0700. This partially recovered the earlier decline, and staying above the level of 1.0800 will likely provoke further growth.
GBP/USD rose above the level of 1.2600, indicating an increase in the volume of long positions. If the upward sentiment persists in the market, the pair will likely reach the level of 1.2700. But if the price falls below 1.2600, pound will begin to move downward.
*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।