Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
The Dollar index has tried the last three weeks to push above the Fibonacci resistance level of 94.50, but all attempts have failed. Price is now vulnerable to a move lower as the resistance of 94.50 seems to strong for bulls to break.
The Dollar index remains in a short-term bullish trend but a rejection at current levels could bring price back towards 91.70-92. If bulls manage to break above the resistance at 94.50 we should expect the index to continue towards the next target of 96.15. With EURUSD the major component of the Dollar index, having provided a bullish reversal signal and with potential to move higher, the Dollar index most probably will get rejected at the 38% Fibonacci level. Dollar bulls need to be very cautious.
*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.
