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
Euro saw gains after Fed Chairman Jerome Powell said less hawkish rhetoric on interest rates.
He talked about a slowdown after the December 15 meeting, but markets believe that the Fed will raise the rate in December by 0.5%.
Even so, selling is still possible.
But be cautious when selling from 1.1480 and look out for a rebound in case the rally continues to 1.1560, and then to 1.1620.
Control the risk when choosing sell or buy volumes. Do not risk more than 1-2% of account size in a single trade.
*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.
