Foo Kwok Whye / プロファイル

The French Election will start tomorrow for the first round of voting. France uses a two-round voting system; the first round will eliminate the least favored candidate and the second round will produce the final result. In this case, depending on the outcome tomorrow, Monday opening for EURUSD could be volatile. We need to monitor it closely. Then the second round of voting is next Sunday 7 Jul, which will cause a lot of uncertainty for EURUSD - Imagine if the winner of the election is someone who will want to do something like BREXIT for the UK. France is one of the key members of Europe. If they intend to leave Europe, it will surely weaken the EUR. We recommend closing all the EURUSD trades before the upcoming weekend to prevent your exposure to this volatile moment. We also recommend monitoring the EURUSD trend on 8 Jul before you start trading. If you want to play safe, just start trading after 9 Jul. This week, we also have ADP and NFP on the US side. Plus, 4 Jul is an independent day for the US. The market liquidity will be low and there are chances for manipulation by certain traders. Hence, we better be cautious in the upcoming weeks.

Refer here for more info -> https://limitless-trading.com/economic-calendar

This week, the US Fed turned dovish and all risk assets like Commodities, Stocks, and EURUSD have a very strong rebound. Two weeks ago, Powell stated stating they are not sure whether the interest rate is tight enough. ironically, now they are saying they are discussing reducing interest rates in 2024.

Read more at => https://limitless-trading.com/market-update/eurusd-audcad-market-update-and-holiday-season-update-17-dec-2023

Last week, NFP surprised the market by having higher-than-forecast results. NFP turned out to be 199K instead of the forecast of 180K. The US unemployment rate also reduced to 3.7%, better than the consensus of 3.9%. These number has proved that the US job market is still hot.

This week, we will have the most eventful week in December.

Read more at -> https://limitless-trading.com/market-update/eurusd-market-update-10-dec-2023

Now is the last few days of the lucky draw contest. The contest will end by 9 Dec 2023.
Deposit now, trade more lots, or buy our license to get more tickets. Remember to register through the form to participate -> https://limitless-trading.com/promotion/2023-year-end-lucky-draw

Hope you manage to get yourself a year-end gift here!

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Now we are in the last week of the lucky draw contest. The contest will end on 9 Dec. You must submit the participation form to join this contest.

Let’s us give you all some numbers here.

So far , we only receive 17 participation forms.

The total deposit during the contest period till now ( regardless of whether the client joins the contest or not) is only around USD12,500.

To be honest, we personally don’t think the result is good, which is likely this will be the last time FBS is willing to sponsor the prize. However, low participation means those who participated will have a good chance to win something and we do wish our current client to be able to win some gift here. Treat it like the last and only lucky draw that we will organize and try to get as many ticket as you can.

The contest period will be from 13 Nov 2023 to 9 Dec 2023. The prizes are as follows.

iPhone 15 6.1-inch display 128GB
• Galaxy Tab S9 FE+ 256GB 8GB memory WIFI
• Xiaomi Redmi Note 12 Pro 5G Smartphone
• Galaxy Buds2 Pro
• HUAWEI WATCH FIT Special Edition Smartwatch | 1.64-inch HD AMOLED Display
• Shopee gift card -> RM200 x 5

HUAWEI WATCH FIT Special Edition Smartwatch | 1.64-inch HD AMOLED Display 

Shopee gift card -> RM200 x 5

If you are our FPMarkets Client, you can open an FBS account using this link and as long as you fulfill the entry criteria then you will be able to get the lucky draw ticket too.

To join the contest, you must submit the participant form and agree with the terms and conditions -> https://limitless-trading.com/promotion/2023-year-end-lucky-draw

Last week, EURUSD was volatile and it broke 1.10 and then it dropped back to 1.08. This week we have a few important news announcements for EURUSD and AUDCAD

Read more at -> https://limitless-trading.com/market-update/eurusd-and-audcad-market-update-2-dec-2023

We are partnering with FBS to run a Year End Lucky Draw that is exclusive to our FBS clients. The prizes for the lucky draw are as follows
• iPhone 15 6.1-inch display 128GB
• Galaxy Tab S9 FE+ 256GB 8GB memory WIFI
• Xiaomi Redmi Note 12 Pro 5G Smartphone
• Galaxy Buds2 Pro
• HUAWEI WATCH FIT Special Edition Smartwatch | 1.64-inch HD AMOLED Display
• Shopee gift card -> RM200 x 5
You can refer to here for the criteria to enter this contest and submit the form at the link -> https://limitless-trading.com/promotion/2023-year-end-lucky-draw

Last week, FOMC decided to keep their interest as it is. The comments from US Fed Chairman Powell were quite dovish, which resulted big bounce from EURUSD and break 1.07 level. This week, we have Australia's RBA Interest rate decision.

Read more at -> https://limitless-trading.com/market-update/audcad-market-update-5-nov-2023

If you wish to receive all our market update and product updates, join our mailing list -> https://limitless-trading.com/join-our-mailing-list

If you are new to Forex trading, you can join our Apprentice Program and get the step-by-step guide to get this new passive income. -> https://limitless-trading.com/apprentice-program

After the ECB interest rate decision, this week we will have the FOMC Interest Rate Decision and Nonfarm Payrolls.

Read more at -> https://limitless-trading.com/market-update/eurusd-market-update-28-oct-2023

If you wish to receive all our market update and product updates, join our mailing list -> https://limitless-trading.com/join-our-mailing-list

If you are new to Forex trading, you can join our Apprentice Program and get the step-by-step guide to get this new passive income. -> https://limitless-trading.com/apprentice-program

This week, we have 2 important economic announcements that we need to take note of for EURUSD and one for AUDCAD. Read more at -> https://limitless-trading.com/market-update/eurusd-and-audcad-market-update-22-oct-2023

If you wish to receive all our market update and product updates, join our mailing list -> https://limitless-trading.com/join-our-mailing-list

If you are new to Forex trading, you can join our Apprentice Program and get the step-by-step guide to get this new passive income. -> https://limitless-trading.com/apprentice-program

Last week was a very volatile week. EURUSD dropped from 1.059 to 1.044 and then back to 1.059 on Friday. Nonfarm payrolls for September give a very big surprise to the market. We have to be more cautious in this coming Monday and the CPI announcement for this week.Read more at -> https://limitless-trading.com/market-update/eurusd-market-update-7-oct-2023

If you wish to receive all our market update and product update, join our mailing list -> https://limitless-trading.com/join-our-mailing-list

If you are new to Forex trading, you can join our Apprentice Program and get the step-by-step guide to get this new passive income. -> https://limitless-trading.com/apprentice-program

Since the last FOMC meeting, the USD has become very strong and the EURUSD has dropped to below 1.05, which is a level that we haven't seen since January 2023. Only till Thursday of last week, then there is some slight rebound for EURUSD.

This week we have US job data - ADP and Non-Farm Payrolls. They are the indicators that the US Fed will monitor closely to decide their move on potentially the last rate hike for this cycle.

Read more at -> https://limitless-trading.com/market-update/eurusd-market-update-1-oct-2023

If you wish to receive all our market update and product updates, join our mailing list -> https://limitless-trading.com/join-our-mailing-list

If you are new to Forex trading, you can join our Apprentice Program and get the step-by-step guide to get this new passive income. -> https://limitless-trading.com/apprentice-program

Last week, the ECB surprised the market by raising 0.25% interest to 4.50% but at the same time signaled this was likely to be its last. This week, it is the US FOMC Interest Rate Decision. Will they surprise the market too?

Read more at -> https://limitless-trading.com/market-update/eurusd-market-update-17-sep-2023

If you wish to receive all our market update and product updates, join our mailing list -> https://limitless-trading.com/join-our-mailing-list

If you are new to Forex trading, you can join our Apprentice Program and get the step-by-step guide to get this new passive income. -> https://limitless-trading.com/apprentice-program

This week we have a few important economic announcements that might make the market volatile. The US inflation rate is expected to go up in August. This is an important indicator to monitor as it will show whether inflation is coming back. Read more at -> https://limitless-trading.com/market-update/eurusd-market-update-11-sep-2023

If you wish to receive all our market update and product updates, join our mailing list -> https://limitless-trading.com/join-our-mailing-list

If you are new to Forex trading, you can join our Apprentice Program and get the step-by-step guide to get this new passive income. -> https://limitless-trading.com/apprentice-program

Jackson Hole Meeting ended last Saturday and more news will come out on coming Monday. US Fed Chairman Jerome Powell gave a speech last Friday and his tone is hawkish, which you should have already observed on last Friday's EURUSD price action. Read more at -> https://limitless-trading.com/market-update/eurusd-market-update-27-aug-2023


Please note that we will stop Ophiuchus and Limitless from trading when it is near the CPI announcement. Thanks.


If you wish to receive all our market update and product updates, join our mailing list -> https://limitless-trading.com/join-our-mailing-list

If you are new to Forex trading, you can join our Apprentice Program and get the step-by-step guide to get this new passive income. -> https://limitless-trading.com/apprentice-program

Jackson Hole Meeting, the annual global central banking conference is coming this in this Thursday 24 Aug till 26 Aug. Read more at ->https://limitless-trading.com/market-update/eurusd-market-update-21-aug-2023

Please note that we will stop Ophiuchus and Limitless from trading when it is near to the interest rate decision annoucement. Thanks.


If you wish to receive all our market update and product update, join our mailing list -> https://limitless-trading.com/join-our-mailing-list

If you are new to Forex trading, you can join our Apprentice Program and get the step-by-step guide to get this new passive income. -> https://limitless-trading.com/apprentice-program

Last week, in the FOMC Interest Rate Decision meeting, Fed raised the interest rate to 5.50% as expected which is in line with market consensus. In the Q&A session, some analysts observed a swift focus on the response of the Fed. Let's look into some changes in the focus here. -> https://limitless-trading.com/market-update/eurusd-and-audcad-market-update-30-jul-2023

After the recent US CPI data release, USD has turned weak for a while and then slightly turn strong again in the last few trading days. Next week, we will have FOMC Interest Rate Decision and ECB Interest Rate Decision again in the same week. Read more at -> https://limitless-trading.com/market-update/eurusd-market-update-22-jul-2023

After Australia and Canada raised their interest unexpectedly in the last two weeks, will US Federal Reserve follow the same? and what will European Central Bank (ECB) do on their interest decision? Refer here for more info ->
https://limitless-trading.com/market-update/eurusd-market-update-11-june

If you wish to receive all our market update and product update, join our mailing list -> https://limitless-trading.com/join-our-mailing-list

If you are new to Forex trading, you can join our Apprentice Program and get the step-by-step guide to get this new passive income. -> https://limitless-trading.com/apprentice-program