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 EUR/USD pair is trading around 1.1266, reaching the top of the downtrend channel and showing signs of exhaustion.
During the opening of trading this week, the euro left a gap that is expected to be filled in the coming days. For this, we should expect EUR/USD to fall below 1.1190.
If the price falls from current levels, the instrument could fill the gap it left at 1.1145 and could even reach the bottom of the downtrend channel around 1.1023.
If the euro consolidates above the 21SMA at 1.1290 in the coming days, the outlook could be positive, and we could expect EUR/USD to reach the Murray 7/8 level at 1.1474.
There is strong weekly resistance around 1.1285. Therefore, we expect the euro to weaken below this area and enter a technical correction. This will be seen as an opportunity to sell in the coming hours.
Our trading plan for the coming hours is to sell the euro below the top of the downtrend channel, with targets at 1.1189, and to cover the gap left last week around 1.1150.
*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।
