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!
The Australian dollar remains in a consolidation phase, hovering within a narrow range of 0.6265–0.6325. Trump's upcoming implementation of tariffs against China and a number of goods from Australia is forcing market participants to act with extreme caution, keeping the pair in consolidation.
From a technical standpoint, it remains in range-bound trading, as the initial impact of U.S. tariffs and potential countermeasures from affected countries is still unclear. The pair will most likely stay within the 0.6265–0.6325 range until the end of the current week. Its inability to rise above the 0.6325 mark may result in a pullback toward the lower boundary of the range.
The price is above the middle line of the Bollinger Bands and the 5-day and 14-day SMAs. The RSI remains above the zero mark, and the Stochastic indicator shows a local upward reversal.
The pair may decline toward 0.6265, with the likely entry point at 0.6308.
*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.
Training video
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaSpot anyway.
We are sorry for any inconvenience caused by this message.
