Bullish Preference: Buy position is envisaged if price trades above 1888.20 with take profit at 1891.49.
Bearish Preference: Sell position is envisaged if price trades below 1879.31 with take profit at 1875.93.
No major fundamental
Comment: Gold prices pulled back slightly during Monday’s Asia-Pacific trade after rising over 1% on Friday. Market participants are assessing comments by Treasury Secretary Janet Yellen, who showed her support for President Joe Biden’s $4 trillion spending plans even if inflation persists into next year. She also added that a “slightly higher” interest rate environment would be a “plus” for the US, reigniting fears about tapering Fed stimulus. As a result, the 10-year Treasury yield rebounded nearly 1% to 1.569%, reflecting reflation hopes.
Bullish Preference: Buy position is envisaged if price trades above 13754.80 with take profit at 13767.06.
Bearish Preference: Sell position is envisaged if price trades below 13690.41 with take profit at 13670.77.
No major fundamental
Comment: The Nasdaq 100 is the weakest of the big three U.S. indices, but is trying to go through a resistance level it could not take out the past couple of weeks. To get the record high at 14073 back in focus, a breakout above 13814 is needed. A drop below 13458 will have the March 2020 trend-line and September slope in focus as support. The pace of job creation appears to have sped up over the past three months, underscoring a strong recovery in the labour market. Meanwhile, weekly jobless claims fell to a fresh pandemic low of 385k, versus a 390k forecast. This led to a sharp rebound in the US Dollar which will, in turn, weaken its counterparts.
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.
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..
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.
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