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!
Early in the American session, EUR/USD was trading around 1.1157 and below 7/8 Murray, showing signs of exhaustion. In case the euro falls below 1.1180, a further decline is expected So, the price could reach 6/8 Murray at 1.11 08 and eventually, the 200 EMA around 1.1052.
The trading plan for the next few hours is to sell the euro below the current highs seen below 1.1183 on the H4 chart, with the target at 5/8 Murray located at 1.1047.
Technically, we see that the euro is approaching an extremely overbought zone as the Eagle indicator is showing a bearish signal. Therefore, the euro could make a strong technical correction in the next few hours or in the next week.
Our trading plan for the next few hours is to sell the euro below 1.1180. The Eagle indicator supports our bearish strategy as it is generating a negative signal.
*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।