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!
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USD/JPY
Last Friday, the pair failed to break above the level of 150.79. This morning, the price is falling, and the quotes may fall below the support at 149.72. If the price consolidates below this level, the next target will likely be around 148.82.
Below that level, there is ample room for a decline to 145.99. Just above this level, support can be found in the form of the MACD line. The Marlin oscillator continues to fall.
On the 4-hour chart, the price is breaking below the balance line, and the Marlin oscillator is firmly on a downward trajectory. In order for the bears to succeed, they need to overcome the MACD line (149.40).
If this does not happen, and the price rises above 150.79, the target for the upward movement is the embedded line of the global price channel at the level of 151.56.
*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।
