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!
Crude oil is trading around $87.40 with a bearish bias, below the 21-day SMA and the 200-day EMA, and within a downtrend channel that has been forming since April 7
Crude oil has been consolidating above $87.50 per barrel over the past few days. On several occasions, oil has rebounded above this zone. If consolidation occurs below $87, we could expect a continuation of the downward movement.
If crude oil continues to fall and consolidates below the 7/8 Murray level, we could sell with targets at $80, and ultimately at the 6/8 Murray level around $75 per barrel.
Conversely, if crude consolidates above $89.30—where the 200 EMA is located—and decisively breaks the downtrend channel formed since April 7, this could be seen as a signal to buy above the psychological $90 level, with a target at 8/8 Murray around $100. WTI is even expected to reach +1/8 Murray around $112.
The Eagle indicator has reached oversold levels, and a technical rebound is likely to occur around this area. Above $87.50, we could look for opportunities to open long positions.
*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।
