Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
EUR/USD
Analysis:
The direction of the trend of the European currency since mid-March is set by the algorithm of the rising wave from March 20. The growth of the pair brought the price within the boundaries of a wide reversal zone of a large scale. In the last 3 weeks, the quotes form a stretched plane. The wave structure doesn't look complete.
Forecast:
In the coming day, it is expected to complete the rollback that began yesterday, turn around and return to the downward movement vector. Long-range support shows the expected end zone of the entire current correction.
Potential reversal zones
Resistance:
- 1.1870/1.1900
Support:
- 1.1810/1.1780
- 1.1720/1.1690
Recommendations:
The current decline is against the direction of the euro trend. Intraday supporters can make short-term sales. The optimal tactic is to refrain from trading during the correction, with the search for buy signals at the end of it.
USD/JPY
Analysis:
The direction of the short-term trend of the Japanese yen is set by the algorithm of the downward wave from June 5, which completes a larger bearish structure. In its structure, the final part (C) has been developing since August 12. In the last 2 days, the price formed an intermediate pullback.
Forecast:
In the coming day, we expect the end of the upward movement rate, a reversal and the beginning of a downward price move. The near-term support may delay the rate of decline. Most activity is likely at the end of the day.
Potential reversal zones
Resistance:
- 106.00/106.30
Support:
- 105.30/105.00
- 104.50/104.20
Recommendations:
Buying a pair today can be unprofitable. It is recommended to focus on searching for sales signals.
Explanation: In the simplified wave analysis (UVA), waves consist of 3 parts (A-B-C). The last incomplete wave is analyzed. The solid background of arrows shows the formed structure, and the dotted ones show the expected movements.
Note: The wave algorithm does not take into account the duration of the tool movements in time!
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
