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!
The EUR/JPY crashed in the last hours and now is located at 162.64 at the time of writing. The downside pressure is high as the Japanese Yen Futures tries to come back higher. Technically, the price action signaled that the upwards movement ended and that the sellers could take full control.
Fundamentally, the Japanese SPPI rose by 2.3%, beating the 2.1% growth expected and the 2.0% growth in the previous reporting period. Now, the ECB President Lagarde Speaks brought some action as well.
Tomorrow, the Japanese BOJ Core CPI and the German Gfk Consumer Climate should have a significant impact.
As you can see on the h1 chatr, the rate failed to stay above the 163.50 key upside level and now it has turned to the downside. Escaping from the up channel announced that the leg higher ended.
Now it has dropped and closed below 162.90 static support and it challenges the next downside obstacle of 162.69.
A bearish closure below 162.69 on the H1 chart activates more declines and is seen as a selling signal.
*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。
InstaSpot分析评论将让您充分了解市场趋势！ 作为InstaSpot的客户，您将获得大量的免费服务以实现有效的交易。
