Analyst
Intraday: Bearish
Preference: Sell position is envisaged if price trades below 1.17250 with take profit at 1.17000
Alternative scenario: Buy position is envisaged if price trades above 1.17375 with take profit at 1.17653.
USD - Core PPI m/m 1:30pm
Comment: USD edged higher in early European trade today, holding on to recent gains following doubts about how quickly a COVID-19 vaccine will come to the market, prompting a more risk-averse trading environment. Fresh optimism about U.S. stimulus will probably keep global investor sentiment elevated.
Intraday: Bearish
Preference: Sell position is envisaged if price trades below 42.02 with take profit at 41.79.
Alternative scenario: Buy position is envisaged if price trades above 42.61 with the take profit at 43.31.
No major economic data with direct bearing to this commodity
Comment: Black gold is pressured by the rising number of fresh cases of COVI19 and concerns of over-supply as Libya reopen its biggest field. Crude prices are looking very vulnerable as the coronavirus continues to spread like wildfire across Europe and U.S. dampening optimism of the world returning to ''normal'' soon.
![]()
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