The Common currency is expected to regain some of the lost ground against the commodity supported Aussie. The Fibre is expected to enjoy relative strength from the hawkish stance of the President of the European Central Bank, Christine Lagarde at the Institut Montaigne, in Paris. She said "policies to fight climate change will probably raise inflation in the medium term although it would be deflationary in the long run". This statement was perceived by investors as a pointer that the ECB will continue to be aggressive in its monetary policies thereby accumulating strength in the process.
The pair rebounded from the 1.48713 support zone earlier today with the formation of a pin bar. The subsequent candle closed bullish acting as a confirmation for the signal. A bullish move is envisaged on the instrument with a take profit at 1.50613 and stop loss at 1.48360.
The only key fundamental today was the speech delivered by Lagarde.
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