Preference: Sell if price trades below 1.42035 with take profit at 1.41835
Alternative scenario: Buy if price trades above 1.43042 with take profit at 1.44024
Unemployment Claims (USD) 1:30pm
Comment: Seeing that the proposed US COVID stimulus package approval is still being used as a political tool as the democrats and republics have not fully agreed on the areas the package would go to, the dollar shows further weakness as the virus keeps spreading; meanwhile, Canadian dollar regained steam and took advantage of the weak dollar. on the weekly chart, this pair shows a rejected bearish candle which still states that this pair would continue its bearish move today.
Preference: Buy if price trades above 1.09354 with take profit at 1.09554
Alternative scenario: Sell if price trades below 1.08408 with take profit at 1.07444
Unemployment Claims (USD) 1:30pm
Comment: Despite the $2 trillion stimulus package approved for US businesses yesterday by the senate, cases of COVID 19 still rising continues in the US which scares more investors away; likewise, the US unemployment claims which is to come today is projected by the analyst to rise up to 1m people, seeing that companies are laying off staff during this period; hence, a global sell-off on the US dollar is expected. Furthermore, the EURO zone is set to approve 156 billion euros for the citizen healthcare while also keeping companies afloat, which is relatively a better decision than what the US senate made. Hence, a bullish move on the euro is expected today.
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.
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..
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.
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