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!
The pair has settled below 150.83. Yesterday, there was an attempt to break back above this level, but by the end of the day, it had become a shadow. Nevertheless, this morning, another attempt at growth is underway. The Marlin oscillator is turning upward.
If the price lacks the strength to rise, it may still manage to consolidate below the 150.83 level. The longer this consolidation lasts, the easier it will be to eventually break through 148.18, along with the MACD line, which will likely move above the range by then. A consolidation above the 150.83 resistance would leave the market in free drift, as the next resistance level at 153.60 is significantly higher. Reaching this level would require a strong trend favoring dollar strengthening and stock market growth, which is not yet evident in a clear interpretation.
The price and Marlin have formed a double divergence on the four-hour chart. Everything seems ready for a correction, although the pressure from indicator lines on both timeframes remains strong.
*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.
