Analyst
Bearish Preference: Sell position is envisaged if price trades below 31114 with take profit at 31019
Bullish Preference: Buy position is envisaged if price trades above 31180 with take profit at 31252
Philly Fed Manufacturing Index (US) 2:30 PM
Unemployment Claims (US) 2:30 PM
Comment: DJIA continued its recent bullish run, buoyed by the sentiment of a new occupant at the White House. President Joe Biden was sworn in yesterday and has kicked off with strong intent after signing executive orders to promote his $1.9 trillion relief bill. The bill when passed will ameliorate the impact of coronavirus on individuals and businesses and would further support the stock market.
Bullish Position: Buy position is envisaged if price trades above 1.21398 with a take profit 1.21824
Bearish Position: Sell position is envisaged if price trades below 1.21075 with take profit at 1.20586
Monetary Policy Statement (EUR) 1:45pm
ECB Press Conference (EUR) 2:30 pm
Comment: The EURO has seen brief corrective gains as the dollar's weakness continues and the currency declines further. This continued strength in the euro came because of a smooth transition of the presidency; it also shows a higher chance of a fresh stimulus package, which will further weaken the dollar and strengthen the EURO. The board of the European Central Bank is expected to keep rate constant with the policy statement and the Press conference being the major determinant of the strength of the common currency today.
Bullish Preference: Buy position is envisaged if price trades above 1875.77 with take profit at 1885.00
Bearish Preference: Sell position is envisaged if price trades below 1868.27 with take profit at 1854.00
Philly Fed Manufacturing Index (US) 2:30 PM
Unemployment Claims (US) 2:30 PM
Comments: The safe-haven metal has been trading narrowly in the last couple of days and with the fresh impetus of smooth transition to the Biden-Harris admin supporting the approval of bigger stimulus checks, it is envisaged that Gold will move to the upside to correct 50% of the previous bearish move.
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