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!
Moderately optimistic US employment data revived the dollar, causing it to rise by 0.44%. The euro dropped by 50 pips. A divergence with the stock market occurred as the S&P 500 rose by 1.03%. However, one day of decoupling is not enough to push the euro out of its risk-on pursuit, especially since, technically, there is no such process at the moment — Friday's decline was precisely halted at the daily MACD line (1.1372).
The price needs to consolidate below Friday's low to reach 1.1266. The Marlin oscillator has also not left the growth territory.
However, for the possibility of advancing upward toward the target level of 1.1535, the price must consolidate above 1.1420. Here, the stock market could lend support, maintaining resilience even after Tesla's epic stock plunge. Beyond that, we expect growth toward 1.1692.
On the H4 chart, the divergence has played out, and the Marlin oscillator has secured a position in negative territory. At the same time, Marlin has formed a new ascending channel (in green), suggesting the divergence may have already been completed. A stronger confirmation of the expected growth would be a breakout above the MACD line around the 1.1450 mark.
*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।
