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!
[#USDX]
With all technical analysis conditions indicating the strength, #USDX has the opportunity to rise toward its nearest resistance level today.
Key Levels
1. Resistance. 2 : 98.13
2. Resistance. 1 : 97.92
3. Pivot : 97.50
4. Support. 1 : 97.29
5. Support. 2 : 96.87
Tactical Scenario
Positive Reaction Zone: If #USDX holds at 97.50, there is a chance it will move up toward 97.92.
Momentum Extension Bias: If 97.92 is broken, there is potential for further upside toward 98.13.
Invalidation Level / Bias Revision
The upside bias weakens if #USDX falls below 96.87.
Technical Summary
EMA(50) : 97.47
EMA(200): 97.20
RSI(14) : 73.49
Economic News Release Agenda:
Tonight the United States will release the following economic data:
US - Unemployment Claims - 20:30 WIB
US - Philly Fed Manufacturing Index - 20:30 WIB
US - Goods Trade Balance - 20:30 WIB
US - Prelim Wholesale Inventories m/m - 20:30 WIB
US - Trade Balance - 20:30 WIB
US - Pending Home Sales m/m - 22;00 WIB
US - CB Leading Index m/m - 22:00 WIB
US - Natural Gas Storage - 22:30 WIB
US - Crude Oil Inventories - 00:00 WIB
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.
