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!
Six years ago, as many economists acknowledge, the government shutdown was not a total shutdown. At that time, the U.S. Congress had managed to approve at least part of the budget for the upcoming fiscal year, so not all federal employees were at risk of being furloughed. In 2025, however, the situation is very different. Virtually all public servants are now under threat because Democrats and Republicans have failed to agree on fundamental spending issues.
It's also important to note that a U.S. federal employee is not limited to the stereotypical desk worker or postal carrier. It also includes military personnel, who, although they will not be dismissed, will also not receive a paycheck. This is unlikely to boost morale in the armed forces, especially at a time when tensions with Venezuela may soon surface.
Furthermore, federal employees have already endured widespread reshuffling and layoffs as part of Donald Trump's so-called "budget austerity" campaign over the past year. Personally, I don't believe further mass layoffs will occur this time around, as any such action would require solid legal justification. A lack of funds or congressional deadlock is typically not considered a legitimate ground for termination.
In this light, Trump's talk of mass layoffs seems more like a strategy to pressure the Democratic Party. If the Democrats don't make concessions — something Trump has stated explicitly — then government workers would have to be let go. And who would bear the blame for that? Correct: the Democrats. The same Democrats who currently sit in Congress and the Senate, albeit "on paper," since they don't control either chamber. That means their position could become even weaker after this "Trump offensive." And don't forget — midterm elections are coming next year.
That said, the situation could still swing in the Democrats' favor, because any rational observer would understand that the executive branch — the current administration — is responsible for the government's decisions, not the opposition, which in 2025 holds no real power. However, how the American electorate interprets the situation remains an open question. Frankly, I never expected American voters to elect Trump for a second term — so I suppose anything is possible.
Based on my analysis of the EUR/USD pair, it continues to build an upward segment of the trend. The wave pattern still largely depends on the news background surrounding Trump's decisions and the domestic and foreign policies of the new U.S. administration. The targets for the current uptrend could extend as far as the 1.25 area. At present, a corrective wave 4 is taking shape, which may already be complete. The bullish wave structure remains valid. Therefore, I am still considering only long positions. By the end of the year, I expect the euro to rise to the 1.2245 mark, which corresponds to the 200.0% Fibonacci.
The wave structure for GBP/USD has undergone a change. We are still in an upward, impulsive segment of the trend, but its internal waves are currently difficult to read. If wave 4 unfolds as a complex three-wave pattern, the structure could normalize. Even so, Wave 4 will be significantly more complex and drawn out than Wave 2. In my opinion, the best benchmark right now is the 1.3341 level, which corresponds to the 127.2% Fibonacci. Two failed breakout attempts at this level could indicate the market is preparing for a fresh buying phase.
*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।