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!
EURUSD has rallied through 1.1100 levels late in the New York Session on Wednesday. The single currency pair is pulling back a bit and trading through 1.1050 mark at this point in writing. Bulls remain poised to push through yet another high towards 1.1165 mark in the near term. They should hold prices above 1.0800 low to keep the bullish scenario intact.
EURUSD has now completed its Morning Star candlestick pattern on the daily chart as seen here. Please note that the recent bounce has come from its weekly trend line support connecting 1.0300 and 1.0630 levels, which is not shown here. The bullish reversal is hence quite significant and potential remains for a push through 1.1500 in the near term.
EURUSD has also found support just below the Fibonacci 0.786 retracement of the entire rally between 1.0636 and 1.2350 levels. Bulls will be inclined to remain in control from here on and target 1.1200 mark in the immediate future. We can expect a meaningful pullback or retracement thereafter.
Potential rally towards 1.1500 against 1.0800
Good luck!
*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।
