Analyst
Intraday: Bearish
Preference: Sell position is envisaged if price trades below 44.30 with take profit at 43.92
Alternative scenario: Buy position is envisaged if price trades above 44.79 with take profit at 45.13
Baker Hughes Oil Rig Count (US) 6 PM
Comment: Black gold is expected to trade bearish today in response to weaker than expected production data from China. The commodity was supported by inventory data but the gains were limited by the rising number of COVID19 infections. OPEC also predicted a drop in oil demand by 9.06 mbpd lending support to the bearish move.
Intraday: Bullish
Preference: Buy position is envisaged if price trades above 1.18167 with take profit at 1.18320
Alternative scenario: Sell position is envisaged if price trades below 1.17868 with take profit at 1.17660
Core Retail Sales m/m (USD) 1:30pm
Retail Sales m/m (USD) 1:30pm
Comment: The greenback rose in yesterday session after jobless claims fell below 1million for the first time since the outbreak of COVID19. The pair is envisaged to continue on the prevalent uptrend.
![]()
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