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!
Achieving peace in the Middle East, or some stable variant of it, is putting pressure on the US dollar, which was previously supported by demand as a safe-haven currency. Against this backdrop, analysts warn of a temporary decline in the US dollar in the Forex market. Still, it is unlikely to be systemic once speculators have priced in this development.
From a technical standpoint, the US dollar index is trading above a strong support level at 98.90. Only a break below that level amid continued news of a peace agreement between the US and Iran could lead to a limited decline.
Technical view and trading idea
The price is below the middle line of the Bollinger Bands and below the 5- and 14-period SMAs, which have crossed, confirming the strength of the downtrend. The RSI is below 50%. The Stochastics have entered oversold territory.
We expect a decline only after the 98.90 level is breached. A potential sell target could be 98.86.
*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।
