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!
Yesterday evening, the euro reached the target level of 1.0949, which is the peak from July 2024, and there are currently no signs of a reversal on the daily chart. A breakout above this resistance level would set the next target at 1.1027, the low from September 3.
Today, U.S. inflation data for February is set to be released. The forecast anticipates a decline in the overall Consumer Price Index (CPI) from 3.0% year-over-year (YoY) to 2.9% YoY, while core CPI is expected to decrease from 3.3% YoY to 3.2% YoY. These figures could bolster the euro's upward movement.
On the four-hour chart, the signal line of the Marlin oscillator is making a second attempt to reverse from the zero line. There is a high probability of forming a second bottom on the oscillator. However, if the price consolidates below 1.0882, the Marlin oscillator could also move into negative territory. In that case, the risk of a deeper correction down to the MACD line (approximately 1.0806) would increase.
*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।
