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 EUR/USD pair is showing intriguing behavior, especially given the current economic conditions—dropping to a weekly low during the Asian session before recovering later.
The primary factor weighing on EUR/USD is the U.S. dollar rebounding from a three-year low. Despite weakening confidence in the U.S. economy and expectations of more aggressive monetary easing by the Federal Reserve, the dollar is still holding its ground, exerting pressure on the pair. However, these same factors also limit the dollar's growth potential, helping to cap EUR/USD losses.
On the other hand, if the pair manages to break above and hold above the 1.1400 level, this would open the path toward higher targets, including 1.1500 on the way to retesting the monthly high around 1.1575—and potentially even 1.1600.
*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.
