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 1.0690. According to the Ichimoku cloud indicator, trend is neutral as price is inside the Kumo (cloud). Bulls seem to have the upper hand although not yet the control of the trend. Bulls have the upper hand because the indicators suggest so. The Chikou span (black line indicator) is above the candlestick pattern (bullish). Price is still above both the tenkan-sen (red line indicator) and the kijun-sen (yellow line indicator). These two indicators provide support around 1.0629 and 1.0604. Defending this support area is key for bulls. The upper cloud boundary provides resistance at 1.0799. Bulls need to break above this level in order to turn trend to bullish again.
*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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