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!
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EUR/USD
On Friday, the euro surged after the release of US employment data, as 175,000 jobs were created in the non-farm sector against expectations of 238,000, while unemployment rose from 3.8% to 3.9%.
The quote briefly exceeded the target resistance of 1.0796 and tested the MACD line on the daily timeframe, after which it returned to the intermediate level of 1.0757. However, it did not consolidate above it. The Marlin oscillator entered the positive territory but is already showing signs of a downward reversal. Today, the price must close below the level of 1.0757.
On the 4-hour chart, Marlin formed a narrow wedge at the reversal point. It likely aims to bring back the downward move. After the price consolidates below the level of 1.0757, the target will be 1.0724. Just below it lies the support of the MACD line around 1.0702.
*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.
