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!
At the moment, the USD/JPY pair has paused around the 154.00 psychological level, facing resistance at 154.50 on its way toward 155.00. A sustained move above the horizontal barrier at 154.50 would provide new momentum for the bulls.
Given that the daily chart oscillators remain firmly in positive territory and are still far from the overbought zone, spot prices are likely to aim for a breakout above the psychological 155.00 level. The bullish momentum could extend further toward 155.60, before the pair reaches the 156.00 round level.
On the other hand, a pullback below the 154.00 level could be seen as a buying opportunity within the 153.60–153.50 level. This would help limit the pair's downside near the 153.00 level. However, a convincing break below this area would open the way for a deeper decline toward the 152.15–152.10 level, which now serves as a solid base for the near term.
*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।