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
We do not expect any important macro releases this week.
On Monday, volatility will likely be low as it is a federal holiday in the US.
According to the chart, EUR/USD consolidated after a surge last week. Technically, a bullish continuation is likely.
An inflation report was delivered in the eurozone. Consumer prices dropped to 6.1% from 8.1% on a yearly basis. Nevertheless, a 6% inflation rate still exceeds the ECB's target level of 2.0-2.5%. Therefore, the ECB may again raise interest rates at a meeting next month.
We see EUR/USD head toward 1.1100.
*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.
