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!
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This week, from the level of 1.3232 (the close of the last weekly candle), the price may begin moving downward toward 1.3012 — the historical resistance level (blue dashed line). When testing this level, the price may rebound upward toward 1.3079 — the lower fractal (weekly candle of November 23, 2025).
Fig. 1 (Weekly Chart).
Conclusion from comprehensive analysis: downward movement.
The price will most likely show a downward trend throughout the week, with the weekly bearish candle lacking the first upper shadow (Monday — down) and having the second lower shadow (Friday — up).
From the level of 1.3232 (the close of the last weekly candle), the price may begin moving downward toward 1.3141 — the 38.2% retracement level (red dashed line). Upon reaching this level, the price may move upward toward 1.3210 — the 8-period EMA (thin blue line).
*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।
