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!
"Go to the Strait and just take it! Or buy from the US, we have plenty!" That was Donald Trump's advice to Asia and Europe. However, they have a different view. France and the UK are aiming to reopen the world's main oil artery through diplomacy — by lifting sanctions and signing agreements with Iran. Rising traffic through the strait, together with rumours of a 45?day ceasefire between Washington and Tehran, are supporting the EUR/USD pair.
Roughly the same number of tankers are transiting the Strait of Hormuz as at the start of the Middle East conflict in early March. These are not only Iranian vessels but ships from other countries that have struck undisclosed deals with Tehran. Most likely, transit fees are being levied. This is simply a form of control.
At the same time, Iran continues strikes on Gulf states' energy infrastructure, ignoring Donald Trump's new ultimatum. If the Middle East conflict ends now, it would leave Tehran stronger than before the war — no matter how often the US president says reconstruction will take decades.
S&P 500 weekly trading features
Hopes for an S&P 500 gap up on rumors of a 45-day ceasefire and increased traffic through the world's main oil artery have allowed EUR/USD bulls to counterattack. However, Iran's disregard for Trump indicates that the conflict is far from over. Seasonality is also at work: indices and the euro tend to rise early in the week and fall later as investors close positions ahead of the weekend.
This EUR/USD pattern has persisted for three weeks, but the current episode could play out differently. The pair will be sensitive to expectations for US inflation data for March: Bloomberg consensus forecasts a 1 percentage-point rise in CPI, the largest increase since 2022.
Dynamics of US inflation
There is a risk that core inflation will follow headline CPI higher via second-round effects. That would raise the probability of Fed tightening in 2026. Currently, the futures market prices in a 79% chance that the federal funds rate will be held through year-end and a 10% chance of a rate hike. Any upward revision to that latter probability would support further dollar strength versus major currencies.
Technically, the daily chart shows that EUR/USD is attempting to recover after a failed lower break and a breakout of the inside bar's upper boundary. Momentum remains bearish. A retreat from 1.1585 or 1.1625 would justify selling. Likewise, a fall below the fair-value level of 1.1525 would support short entries.
*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।
