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 should continue higher towards the next minor target at 1.1054 and ultimately we will continue to look for EUR/USD to move higher towards the long-term target at 129.30. In today's other analysis, we look at the US 10Y bond yield. It's clear that the Treasury yields have peaked for now and a larger corrective decline from 5% towards 3.25% now is unfolding. This will also add pressure to the US dollar and support the uptrend in EUR/USD towards 1.1054 and above.
Let's be clear, the European economy isn't better than the US one, but with the underlying trend for EUR/USD nothing at the moment seems to be able to change the underlying uptrend. Therefore, we should expect some kind of upside acceleration in EUR/USD in the months ahead.
*Analiza tržišta koja se ovde nalazi namenjena je boljem razumevanju tržišta i ne pruža instrukcije za vršenje trgovanja.
Uz InstaSpot-ove analitičke preglede uvek ćete biti u toku sa tržišnim trendovima! Klijentima InstaSpot-a su dostupni mnogobrojni besplatni servisi za uspešno trgovanje.
