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!
Last Friday, the USD/JPY pair fell by 104 points, and so the pair did not reach the target level of 133.10 that was set by the embedded line of the price channel. Now the price has two options: to continue working on the support or to move up from the current levels in a correction in order to reach the target resistance level of 135.2, or to 137.00, and turn around to 133.10, but with an attempt to cross it and fall to 130.41. This level coincides with the August 2 low.
A price convergence with the Marlin oscillator in this form, unfortunately, does not provide any advantage to any of the scenarios so it can remain at 133.10 from the current levels.
On the four-hour chart, the price settles under the level of 135.25. The Marlin oscillator is rising, but it is still in the negative territory. In order for the price to continue rising, it needs to settle above 135.25. By that time Marlin will be in the positive territory. Resistance at 137.00 is reinforced by the MACD indicator line, so the fate of the decline from October 21 may be decided here.
*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।
