Analyst
Bearish Preference: Sell position is envisaged if price trades below 1741.41 with take profit at 1711.68
Bullish Preference: Buy position is envisaged if price trades above 1780.05 with take profit at 1793.15
Chicago PMI (USD) 3:45pm
G20 Meeting All Day
Comments: The Precious Metal which is a safe haven for the dollar has been on a steady decline for two weeks straight now because of the positive optimism of investors towards the global impact of the vaccine which could lead to the reopening of the economy. Hence, this has boosted the U.S treasury yield higher, and Gold is currently on a bearish trend. However, Gold is currently on a support region of 1760 and might continue its movement down if the dollar pressure makes it to break this zone of support.
Bullish Preference: Buy position is envisaged if price trades above 106.252 with take profit at 106.361
Bearish Preference: Sell position is envisaged if price trades below 105.968 with take profit at 105.831
Chicago PMI (USD) 3:45pm
G20 Meeting All Day
Comment: The dollar was up on Friday morning in Asia, holding onto gains made during the previous session where it climbed up from a three-year low after a surge in U.S. bond yields. The safe-haven yen’s decline came even as Asian stocks followed their U.S. counterparts down as the spike in yields fanned inflation worries. Emerging-market and commodity-linked currencies also retreated, with the Australian and Canadian dollars dropping from three-year highs.
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