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!
Yesterday, the Australian dollar rose by more than 100 pips, likely a delayed reaction to the Reserve Bank of Australia's decision to hold its rate steady on Tuesday, as U.S. elections overshadowed the markets earlier. Additionally, commodities rallied yesterday, and counter-dollar currencies strengthened overall.
The Marlin oscillator has moved into the growth zone, aiming to push the price toward the target level of 0.6727. Slightly above this level lies the MACD Line. If the price fails to overcome this robust resistance, a reversal into a new medium-term downward wave is likely, with the first key target at 0.6482.
On the H4 chart, the price has consolidated above both indicator lines and the resistance level at 0.6640, which now supports the ongoing correction. The Marlin oscillator has turned downward, shedding tension ahead of the anticipated growth. If the price succumbs to corrective declines and consolidates below 0.6640, a return to the 0.6570 level is likely.
*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.
