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
Higher timeframes
Over the past day, the pair remained in the zone of attraction of the weekly short-term trend (1.0864). The main attraction and influence on the market in the current situation are exerted by two strong levels: 1.0864 and 1.0901 (weekly short-term trend + monthly medium-term trend), so now a slowdown or development of consolidation is possible. After the pause is over and a market leader appears, the movement can either develop in the bullish direction, then the targets will be the daily Ichimoku cross (1.0941 - 1.0981 - 1.1000) and the local high (1.1096), or in the bearish direction, in which case the focus will be on the daily cloud (1.0814 - 1.0775) and the monthly level (1.0763).
H4 - H1
On the lower timeframes, the main advantage now belongs to the bears. However, at the current downward trend, another corrective movement is being formed. The pair has consolidated at the central pivot point of the day (1.0871). Further, the resistance of the weekly long-term trend (1.0921) is of the greatest importance for the correction. A breakout and consolidation above the moving average, as well as its reversal, can serve as the basis for a change in priorities and a strengthening of bullish sentiment. In addition to the key intraday levels, resistances (1.0895 - 1.0917 - 1.0941) and supports (1.0849 - 1.0825 - 1.0803) of classical pivot points can be significant.
GBP/USD
Higher timeframes
Earlier, the bears almost reached the support of the weekly short-term trend (1.2421), and the opponent who showed activity in the market yesterday managed to return the pair to the zone of attraction of the daily golden cross (1.2471 - 1.2515 - 1.2561). As a result, among the nearest reference points in this area, we can still note for bulls—the high of last week (1.2678), and for bears—the weekly short-term trend (1.2421).
H4 - H1
The main advantage remains on the side of the bears. However, the bears have not been able to update the low and continue the decline for a long time. Instead, they work in the correction zone, with the main target being the resistance of the weekly long-term trend (1.2550). Consolidation above and the moving average's reversal will change the current balance of power. The support levels 1.2467 - 1.2410 - 1.2377 and resistances at 1.2557 - 1.2590 - 1.2647 are additional benchmarks for intraday movement.
The technical analysis of the situation uses:
Higher timeframes - Ichimoku Kinko Hyo (9.26.52) + Fibo Kijun levels
Lower timeframes - H1 - Pivot Points (classic) + Moving Average 120 (weekly long-term trend)
*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।
