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 $93.12, reaching the 21-day SMA at $93.93 and showing a strong positive signal. Therefore, we believe that it could reach $96 in the coming days and might even return to the psychological level of $100.
Crude oil left a gap around $96.03 and has been recovering ever since it hit a low at about $88.90. We observe a strong recovery, so we believe oil could continue its rise in the coming days.
Given that the instrument has reached a resistance zone, we expect a technical correction toward the 61.8% Fibonacci level in the coming hours, which could be seen as an opportunity to resume its bullish cycle with targets at $96.
If crude oil reaches the upper band of the downtrend channel and breaks above $96, this could be considered a positive signal to buy, with targets at the 8/8 Murray level around $100.
A drop in gold below $93.93 could present a selling opportunity with targets at the 7/8 Murray level around $87.50.
The Eagle indicator is showing a positive signal, so any pullback—as long as the price consolidates above the 7/8 Murray level—will be viewed as a signal to continue buying in the coming days.
*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।
