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 opened surprisingly calm this year. In previous years, it traded within a narrow range during Christmas and the first working days of the New Year, but now it was in a wide range, consolidating under the highs. This means that a breakout is brewing around the top of the range.
In terms of the European and US markets, they remain closed during the New Year and just started trading normally today. Thus, it is unlikely that there will be strong movements, so investors need to be careful when entering the market.
A good trading idea today is to sell above the current highs of December. If this do not succeed, try again in 60-80 pips. Remember not to risk more than 1% of the deal. Good luck!
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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