Second important release of the day missed its expectations. Euro continues the drop under 1.0960 after the German data showed a Manufacturing PMI of 51.5 and Services PMI of 53.7. Next support for the EURUSD at 1.0923.
Razvan Mihai
The French PMIs were released below estimates. The Flash Manufacturing dropped under 50 (49.6), and the Services was released 52.0 vs an expected value of 53.9. EURUSD dropped fast 13 pips and it might continue the drop towards the 1.0923 support
Razvan Mihai
In less than 10 minutes we will have the release of the MPC Official Bank Rate Votes. The markets are expecting for the votes to remain the same. Still the GBP rallied earlier today because of the hawkish position took by David Miles, one of the MPC members. A value like 2-0-7 could trigger another rally for the GBP.
Razvan Mihai
The US economic releases have disappointed the market. The Non-Farm Payrolls were under estimates, 223K and the average hourly earnings remained unchanged. These triggered high volatility and a drop for the US dollar.
Razvan Mihai
1.1100 round level is again under bears pressure. A break below this support could trigger a bigger drop for EURUSD. Next support is found at 1.1050.
Razvan Mihai
Tsipras announced that he is ready to accept all conditions for the bailout. Waiting for the Greek Parliament.
Razvan Mihai
When I joined the Rally family, I had zero knowledge about forex. I attended their seminars and lectures and it was a thorough and quality experience. Talking about my success in forex , it’s a steady process , I’ve enjoyed lots of profits and a few losses. I’m grateful for the rally trade foundation I have, I look to grow from under the wings of Rally.
Kobi
I was told I could make money in my comfort zone, then I thought; “this could actually happen in my dreams”. But guess what, I made money and I’m still making money in my comfort zone with RALLY TRADE. To my account manager OLUWASEUN: thank you for keeping to your words and for being nice at the same time, thank you for having my back, you’re the best.To RALLYTRADE: thank you for this opportunity and for letting me know I could do more and better with myself..
Ebere Uzodinma
I am so much impressed not by anybody's action or motivation to pronounce my encounter with rally trade company. I would love to say this company has done so much in my life; personally. I listen to a radio station programme about a seminar/training on how to trade forex, I planned to attend though I don't believe it will work for me. After the training I got a call from one of Rally trade staff, in person of Tamuno who done so much to convince me to go in for the trade. This young girl have been so impacting since I stated the trade and she has never for once ignore my request for support and advice; I so much appreciate you...
Oluwatuyi Timileyin Samuel
THANK YOU, THANK YOU, THANK YOU Rally trade team for the excellent work you are doing. I recommend rally trade for anyone who want to profitably trade Forex on a consistent basis.
Oluwaseun Kayode
I have been with rally trade broker for one year now, they are reliable broker and they have excellent performance in term of training, customer service and prompt payment of profit withdrawal. Morealso, i am also beneficiary of one of their partner program (introducing broker) which I have been receiving payment for monthly commission on it. I recommend Rally trade to d prospective individual and company that intend to trade in forex . Thanks to Rally Trade
Adefuwa Ayodele