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!
4h
The currency pair EUR / USD closed below the correction level of 38.2% - 1.1446. As a result, on January 16, the fall in quotations can be continued in the direction of the next correction level of 23.6% - 1.1358. Rebounding the pair from the Fibo level of 23.6% will allow traders to expect a reversal in favor of the euro currency and some growth towards the level of 38.2%. The bullish divergence at the MACD indicator is also brewing, its formation will allow us to count on the beginning of the pair's growth.
The Fibo grid is built on extremes from September 24, 2018, and November 12, 2018.
Daily
On the 24-hour chart, after rebounding from the Fibo level of 100.0% - 1.1553, the fall in quotations continues in the direction of the correctional level of 127.2% - 1.1285. Maturing divergence in the current chart is not observed in any indicator. Rebounding the pair from the Fibo level of 127.2% will make it possible to expect a turn in favor of the EU currency and some growth in the direction of the correction level of 100.0% - 1.1553. Closing below the level of 127.2% will increase the likelihood of further decline.
The Fibo grid is built on extremums from November 7, 2017, and February 16, 2018.
Recommendations to traders:
You can make purchases of the EUR / USD currency pair with a target of 1.1446 and a Stop Loss order below the Fibo level of 23.6% if the pair bounces off the level of 1.1358 or a bullish divergence is formed.
New sales of the EUR / USD currency pair will be possible with the goal of 1.1269 with a Stop Loss order above the Fibo level of 23.6% if the pair consolidates below the level of 1.1358.
*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。
InstaSpot分析评论将让您充分了解市场趋势！ 作为InstaSpot的客户，您将获得大量的免费服务以实现有效的交易。
