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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EURUSD is trading around 1.0910. Yesterday the daily candlestick closed below the tenkan-sen (red line indicator) providing us with a sign of weakness. Today bulls make a come back as price is trading again above the tenkan-sen. Recent price action suggests that a daily close below yesterday's close at 1.0860 would suggest more downside ahead. EURUSD remains in a bullish trend according to the Ichimoku cloud indicator as price remains above the Kumo (cloud). A close below 1.0860 would imply that a deeper pull back towards cloud support at 1.0760 should be expected. The Chikou span (black line indicator) remains above the candlestick pattern (bullish). So far no trend change. Bulls remain in control of the trend even if price pulls back towards the cloud. Bulls do not want to see price enter close inside the Kumo.
*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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