KTM FX Weekly: Settles above 0.8600 would ultimately be bullish

The pound remains under pressure against the USD and been trading down for five straight days. Back in November and December 2019, it was logged six days straight fall. Turning to our subject EURUGBP, it […]

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KTM FX Weekly: The level to watch in EURUSD is 1.1050

The euro extended its losses and closed below the 200MA against the US dollar. The common currency remains in a range trading since early December, hinting a substantial consolidation. The nearest support from the current […]

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KTM FX Daily: December 2019 NFP preview. USDJPY strategy

The Bureau of Labor Statistics (BLS), the Employment Situation for December, is scheduled to be released today at 8:30 a.m. (EDT). In November 2019, total nonfarm payroll employment rose by 266k, a big surprise vs. […]

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KTM FX Weekly: In recovery mode – 0.8600 is major resistance

After showing a V-shaped recovery, the cross shifted the trend to a consolidation phase.  It is consolidating in the range of 0.8600-0.8450 levels. In the absence of fresh Brexit risk, the GBP could cap the […]

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