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!
On Monday, the euro declined by 14 pips. An attempt to reverse upward was made. A repeat attempt is possible today and may be more successful, although the support level at 1.0762 remains untested.
Of course, a price reversal doesn't necessarily have to occur precisely at existing support, but its proximity introduces uncertainty. At the same time, the Marlin oscillator shows an intention to reverse upward without touching the zero line. As a result, the euro might start a new bullish wave today without testing the current support levels, or it may happen tomorrow or the day after, following a slight drop to those supports.
On the H4 chart, the Marlin oscillator consolidates below the neutral zero line. This consolidation creates conditions for a further price decline toward the 1.0762 support. If Marlin moves into positive territory, the likelihood of an upward breakout will increase significantly. The key reference for this is yesterday's high at 1.0859. We are waiting for the euro's downward correction to end and for the upward movement to resume.
*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।
