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 slipped through the 1.0770 lows on Friday post NFPs. The currency pair initially rallied towards 1.0875 before turning lower to close the day below 1.0800. It is seen to be trading close to 1.0790 at this point in writing as the bulls might be preparing for a pullback. Overall, the instrument is projected to move lower towards 1.0600 at least in the next few trading sessions.
EUR/USD has already carved a meaningful upswing between 0.9535 and 1.1275 which is being retraced for now. The initial target is projected at about 1.0600-1.0550, which is also the Fibonacci 0.382 retracement of the above upswing. The currency pair might produce a meaningful pullback rally after that.
EUR/USD might also produce an early pullback rally towards 1.1000 before turning lower again. In that case, the above-projected targets might be delayed. Please, note that any pullback rally from here would stay below 1.1275 and should be seen as an opportunity to enter short positions.
Potential downside targets remain toward 1.0600 and 1.0500
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।
