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!
Trend analysis (Fig. 1).
The EUR/USD currency pair may move downward from the level of 1.0878 (closing of yesterday's daily candle) with the target of 1.0867, the 38.2% pullback level (blue dotted line). Upon reaching this level, an upward movement is possible with the target of 1.0930, the historical resistance level (blue dotted line).
Fig. 1 (daily chart).
Comprehensive analysis:
General conclusion:
Today, the price may move downward from the level of 1.0878 (closing of yesterday's daily candle) with the target of 1.0867, the 38.2% pullback level (blue dotted line). Upon reaching this level, an upward movement is possible with the target of 1.0930, the historical resistance level (blue dotted line).
Alternatively, the price may move downward from the level of 1.0878 (closing of yesterday's daily candle) with the target of 1.0835, the lower fractal (daily candle of 06/30/2023). Upon reaching this level, an upward movement is possible with the target of 1.0934, the upper fractal (daily candle from 07/03/2023).
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.