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!
It seems that the Democratic Party has quickly settled on a candidate for the presidency of the United States, and corporate media are reporting the possibility of Kamala Harris being appointed within the next few days, a month before the party convention. This reduces the risks of political uncertainty and is the reason for the dollar's growth. If these rumors are confirmed, which could happen any day now, the US dollar will receive an even more significant boost.
At the same time, investors today might focus not only on political news but also on macroeconomic data. This concerns preliminary estimates of business activity indices. However, these are likely to have a minor impact. Both Europe and US indices are expected to show growth. Only a significant deviation of the actual data from expectations would affect the current situation.
After stalling for a brief period, the volume of short positions on the euro increased. As a result, the corrective move from the lower area of the psychological level 1.0950/1.1000 has been extended.
On the 4-hour chart, the RSI indicator hovers in the lower area as it reaches the oversold level.
During the same time frame, the Alligator's MAs are headed downwards, aligning with the corrective cycle's direction.
Considering the scenario of the subsequent development of the corrective cycle, a move toward the 1.0800 level is a logical step. However, signs of the euro being oversold in the short-term periods may complicate this task.
Complex indicator analysis points to a correction in the short-term and intraday time frames.
*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।
