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!
Blue lines- Fibonacci retracement levels
The Dollar index is trading around 102.86 after making earlier today a low at 102.44. The Dollar index as expected has reached the 61.8% Fibonacci retracement of the entire rise. This retracement level is where we usually see trend reversals. The Dollar index is now bouncing off this retracement level. Technically trend remains bearish as price continues making lower lows and lower highs. At current levels I prefer to be neutral if not bullish. The RSI has reached oversold levels and combined with the fact that we are trading around the 61.8% retracement, the chances of a reversal have increased.
*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.
