¡La leyenda en el equipo de InstaSpot!
¡Leyenda! ¿Cree que es una retórica grandilocuente? Pero, ¿cómo deberíamos llamar a un hombre, que se convirtió en el primer asiático en ganar el campeonato mundial de ajedrez júnior a los 18 años y en el primer Gran Maestro indio a los 19 años? Ese fue el comienzo de un camino difícil hacia el título de Campeón del Mundo para Viswanathan Anand, el hombre que se convirtió en parte de la historia del ajedrez para siempre. ¡Ahora una leyenda más en el equipo de InstaSpot!
Borussia es uno de los clubes de fútbol con más títulos en Alemania, que ha demostrado repetidamente a los fanáticos: el espíritu de competencia y liderazgo que ciertamente conducirán al éxito. Opere de la misma manera que los profesionales del deporte: con confianza y de forma activa. ¡Mantenga un "pase" del Borussia FC y lidere con InstaSpot!
European indices opened lower today, following mixed performance on Wall Street and gains in Asia. Despite this, UK employment data exceeded expectations, boosting the GBP market. Conversely, lower-than-expected Swiss CPI readings pressured the CHF. Notably, the German ZEW index for February and US CPI inflation reading for January are awaited.
The EUR/USD pair's bounce was limited near 1.0806, just 4 pips shy of the 50% Fibonacci retracement level. Bears are exerting pressure near the 100 DEMA at 1.0822. Intraday support lies at 1.0763, with momentum testing the fifty level. Bulls seek a breakout above 1.0810 for upward momentum, eyeing the supply zone between 1.0898 - 1.0890.
Candlestick Patterns: 'Hammer' patterns suggest bullish reversals, while a 'Shooting Star' indicates bearish sentiment. 'Bearish Engulfing' patterns hint at potential reversals.
Moving Averages: The price resides between the 50-period Double Exponential Moving Average (DEMA) and 100-period Exponential Moving Average (EMA), signaling potential resistance (EMA) and support (DEMA).
Technical Indicators: The Relative Strength Index (RSI) at 51.28 indicates a neutral market, neither overbought nor oversold.
Trendlines and Price Channels: The ascending channel suggests a short-term bullish trend with forming higher lows. However, the upper boundary could act as resistance.
Bullish sentiment prevails (59% vs. 41% bears), consistent with last week's sentiment (61% bulls vs. 39% bears). However, the sentiment in the last three days is neutral (50% bulls vs. 50% bears).
Continued respect for the ascending channel's support line could signal ongoing bullish momentum. A breakout above the 100-period EMA and upper channel line might suggest a stronger upward move, targeting previous highs.
Respect for reversal patterns like the 'Shooting Star' and 'Bearish Engulfing' could lead to a downside reversal. A break below the ascending channel and 50-period DEMA could open the way to lower support levels.
The market stands at a pivotal moment, with potential for both bullish and bearish movements. Traders should watch for confirmation signals, apply prudent risk management, and consider broader macroeconomic factors influencing the currency pair.
The begginers in forex trading need to be very careful when making decisions about entering the market. Before the release of important reports, it is best to stay out of the market to avoid being caught in sharp market fluctuations due to increased volatility. If you decide to trade during the news release, then always place stop orders to minimize losses.
Without placing stop orders, you can very quickly lose your entire deposit, especially if you do not use money management and trade large volumes. For successful trading, you need to have a clear trading plan and stay focues and disciplined. Spontaneous trading decision based on the current market situation is an inherently losing strategy for a scalper or daytrader.
#instaforex #analysis #sebastianseliga
*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.
¡Los informes analíticos de InstaSpot lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaSpot, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.
