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, H4 chart
Over the weekend, some of the major business media outlets promised the market a EUR/USD rise to 1.1000. Their reason was the tough stance of the ECB on rate hikes, as well as some uncertainty of the Fed on the same issue. Experts believe that investors will sell German bonds and buy euros.
However, there is the banking crisis, which prompted investors to closely monitor the situation in banks, such as the Deutsche Bank. Although officials reassured markets that everything is fine, it is too early to say that the crisis is over.
This is why it is better to say that euro is in a range, which means that if there is growth, traders could sell from 1.1000.
If there is a decline, start buying around 1.0530.
Traders should also pay attention to the upcoming US inflation data this week.
*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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