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!
Early in the American session, the euro is trading around 1.0865, below the 21-month SMA, and below the 1/8 Murray level, showing signs of exhaustion. A technical correction is expected in the coming hours. Hence, the instrument could reach the 200 EMA at 1.0570 in the short term.
If the euro falls and consolidates below 1.0881, it will be seen as an opportunity to sell with targets at 1.0807, at the 8/8 Murray level at 1.0742, and finally, at the 200 EMA at 1.0570.
On the other hand, if the euro consolidates or breaks above the downtrend channel formed after reaching its high at 1.0950, it will be seen as an opportunity to resume buying. We could buy the euro only if it consolidates above 1.0900.
The Eagle indicator has reached overbought levels and is showing a negative signal, so we will look for opportunities to sell below 1.08 in the coming days.
*Analiza tržišta koja se ovde nalazi namenjena je boljem razumevanju tržišta i ne pruža instrukcije za vršenje trgovanja.
Uz InstaSpot-ove analitičke preglede uvek ćete biti u toku sa tržišnim trendovima! Klijentima InstaSpot-a su dostupni mnogobrojni besplatni servisi za uspešno trgovanje.
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