انسٹا فاریکس ٹیم میں لیجنڈ!
لیجنڈ!آپ کو لگتا ہے کہ یہ حیرت انگیز بیانات ہے؟ لیکن ہمیں ایسے شخص کو کیا کہنا چاہئے ، جو 18 سال میں جونیئر ورلڈ شطرنج چیمپئن شپ جیتنے والا پہلا ایشین بن گیا تھا اور 19 میں پہلا ہندوستانی گرینڈ ماسٹر بنا؟ ورلڈ چیمپیئن ٹائٹل کے لئے یہ مشکل آغاز تھا جو وشونااتھ آنند کے لئے تھا ، وہ شخص جو ہمیشہ کے لئے شطرنج کی تاریخ کا حصہ بن گیا تھا۔ انسٹا فاریکس ٹیم میں اب ایک اور لیجنڈ!
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The EUR/USD currency pair traded lower again on the last trading day of the past week. Were there reasons for this? A fair number of macroeconomic reports were published on Friday, but virtually all of them contradicted each other. In the Eurozone, two business activity indices showed opposite dynamics, while in the U.S., the business activity indices also displayed contradictory results. The U.S. consumer sentiment index was weaker than expected (which did not support dollar growth), and both business activity indices in Germany fell sharply. These factors likely contributed to the decline of the European currency in the first half of the day. Overall, the dollar is rising again, having risen for over a week amid strengthening "dovish" market expectations for the Federal Reserve's last meeting and rising U.S. unemployment. The flat trend on the daily timeframe continues, so theoretically, the pair could drop to 1.1400, above which the flat remains intact. However, we still expect growth to at least the 1.1800 level within the same sideways channel.
On the hourly timeframe, the EUR/USD pair is declining again and may be forming a new downward trend. The overall fundamental and macroeconomic background remains very weak for the U.S. dollar; thus, the European currency can still decline only on technical grounds—the flat on the daily timeframe remains relevant. However, we anticipate an end to this flat and a resumption of the upward trend in 2025, with upward movements also occurring within the flat.
On Monday, novice traders can trade from the 1.1527-1.1531 area again. A price consolidation above this area will allow for long positions targeting 1.1571. A price bounce from this area makes short positions valid, targeting 1.1474.
On the 5-minute timeframe, the following levels should be considered: 1.1354-1.1363, 1.1413, 1.1455-1.1474, 1.1527-1.1531, 1.1571-1.1584, 1.1655-1.1666, 1.1745-1.1754, 1.1808, 1.1851, 1.1908, and 1.1970-1.1988. On Monday, European Central Bank President Christine Lagarde is scheduled to speak, as well as the business climate index from the Ifo Institute in Germany. We consider both of these events to be secondary. Volatility is likely to remain low today as well.
Important announcements and reports (always available in the news calendar) can significantly impact the movement of the currency pair. Therefore, during their release, it is recommended to trade with maximum caution or to exit the market to avoid sharp reversals against the preceding movement.
Beginners trading on the Forex market should remember that not every trade can be profitable. Developing a clear strategy and money management is key to long-term success in trading.
*تعینات کیا مراد ہے مارکیٹ کے تجزیات یہاں ارسال کیے جاتے ہیں جس کا مقصد آپ کی بیداری بڑھانا ہے، لیکن تجارت کرنے کے لئے ہدایات دینا نہیں.
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