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!
Crude oil is trading around $80.92, above the 200 EMA, and rebounding after reaching the psychological level of $80; if the price remains above this zone in the coming hours, it is likely to continue rising.
Crude oil encountered strong resistance around $85. Technically, crude oil is under bearish pressure, and if it falls below $80.00, we could expect the downtrend to continue in the coming days until it reaches the 4/8 Murray level around $75.
The Eagle indicator has reached oversold levels, so we believe crude oil will continue to rise in the coming days. To take long positions, we should closely monitor whether the price consolidates above the 200 EMA or above the 5/8 Murray level.
Looking at the chart, we can see that crude oil left a gap on July 23 around $90. Therefore, as long as the price per barrel of crude oil remains above $81.25, we could expect it to return to these price levels in the coming days.
*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.
