Analyst
Bullish Preference: Buy position is envisaged if price trades above 1780.60 with take profit at 1783.71.
Bearish Preference: Sell position is envisaged if price trades below price 1772.54 with take profit at 1769.57.
No major fundamental.
Comment: The price of gold pulls back from a fresh monthly high ($1798) as the 10-Year US Treasury yield defends the April low (1.53%), but the Federal Reserve interest rate decision may keep gold prices afloat as the central bank relies on its non-standard tools to achieve its policy targets.
Bullish Preference: Buy position is envisaged if price trades above price 1.21168 with take profit at 1.21305.
Bearish Preference: Sell position is envisaged if price trades below price 1.20832 with take profit at 1.20700.
German ifo Business Climate (EUR) 9 am
Comment: EUR/USD appears to be stuck in a narrow range as the European Central Bank (ECB) keeps the current course for monetary policy, but the failed attempt to test the March high (1.2113) may push the exchange rate back within the descending channel from earlier this year as the Governing Council remains in no rush to switch gears. More so, As a result, the Federal Open Market Committee (FOMC) rate decision may do little to influence the near-term outlook for EUR/USD as Vice Chair Richard Clarida insists that “policy will not tighten solely because the unemployment rate has fallen below any econometric estimate of its long-run natural level.
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