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 euro is trading around 1.1875 below the 21 SMA and retreating after three attempts to break through the 50% Fibonacci retracement around 1.1920.
Yesterday, during the US session, we saw a sharp fall in the euro, reaching a low of 1.1837. Since then, there has been a technical rebound, but EUR/USD could struggle to recover some of its losses and is expected to resume its downward cycle.
A break above the 50% Fibonacci level could push the euro to reach 61.8%, which in turn coincides with the 6/8 Murray, representing strong resistance for the euro around 1.1962. If bullish momentum is maintained, EUR/USD could reach the psychological 1.2000 level.
If the euro struggles to continue rising above 61.8%, it could be seen as an opportunity to open short positions, with targets at the 4/8 Murray located at 1.1782 and finally at the 3/8 Murray around 1.1596.
If the euro fails to consolidate above the 21 SMA, it will be seen as a signal to sell from current price levels, with short-term targets around the 200 EMA located at 1.1789.
*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।
