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!
During the US trading session on September 2, crude oil managed to close the gap it had left on July 23 around $89.75. This gap has now been closed, and the market is likely showing signs of exhaustion; we could expect a technical trend reversal in the coming hours.
If crude oil continues to rise, we could expect it to encounter resistance around the 7/8 Murray level at $93.75; below this zone, a pullback could occur, which would be considered a selling opportunity.
Conversely, if crude oil falls below the Murray 6/8 level and below the 21-period simple moving average (SMA), we could expect a sharp decline, during which the price could reach the 200-period exponential moving average (EMA) around $82.78 and, ultimately, find strong support around the Murray 5/8 level, at $81.25.
Since crude oil is trading near the psychological $90 level, we could look for opportunities to sell below $90.76; the first target could then be $87.71 and, ultimately, $82.78.
*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।
