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!
USDJPY is trading around 148 and remains in a bullish trend according to the Ichimoku cloud indicator in the Daily Chart. We use this indicator to identify key support levels that if broken will provide us with reversal signals. The tenkan-sen (red line indicator) provides support at 146.94 while the kijun-sen (yellow line indicator) at 146.20. A break below the tenkan-sen will open the way for a move lower towards the kijun-sen. Failure to hold above the kijun-sen will push price lower towards the weekly cloud at 142-143. The Chikou span (black line indicator) is above the candlestick pattern (bullish). According to the Chikou span support is at 144.85. So far on a weekly basis there is no sign of a reversal. The Daily chart remains 100% bullish.
*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.
