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 $81.39, above the 200-period exponential moving average (EMA) and around 5/8 of the Murray level, as well as the 21-day simple moving average (SMA), and is aiming to close the gap left at $85.00.
If crude oil consolidates above $81.25 in the coming hours, it could be expected to continue rising. From this level, it could move higher to reach $85 and even the 6/8 Murray level, around $87.50.
A drop below $81.25 could enable a fall to $79.11—where the 200-day EMA is located—or, if bearish momentum prevails, the instrument could close the gap left last week around $76.30.
The Eagle indicator shows a positive signal for crude oil, so we will continue buying in the coming days. Should a technical correction occur toward the 4/8 Murray level at $75, it could trigger a strong technical rebound.
We must closely monitor the $81.26 level; above this zone, the signal points to a further rally, but below it, we could sell in anticipation of a consolidation around $79–$76.
Crude oil has left another gap around $90; it is expected to continue rising in the coming days and could close this pattern, potentially reaching the 7/8 Murray level, around $93.75.
*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।