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!
EUR/USD continues to fluctuate in a relatively tight range below 1.1300 on Wednesday as investors remain on the sidelines ahead of the US Federal Reserve's crucial policy decisions. The data from the US revealed that Retail Sales slowed down to 0.3% in November, falling short of the market expectation of a 0.8% increase.
The EUR/USD pair showed no reaction to US mixed figures, trading in the 1.1260 price zone, with the near term risk skewed to the downside. The 4-hour chart shows that the pair is resting on the base of a wedge while consolidating below its 20 and 100 SMAs, both directionless. Technical indicators also lack directional strength, holding within negative levels. The year low at 1.1185 is a critical support level that the pair could break with the US Federal Reserve's announcement, which may result in an approach to the 1.1100 figure.
Support levels: 1.1230 1.1185 1.1130
Resistance levels: 1.1305 1.1345 1.1380
*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。
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