KTM FX Daily: JPY insights; Near-term trend is supportive but the market needs to take out the key resistance levels

JPY insights: Near-term trend is supportive but the market needs to take out the key resistance levels and also need a follow up buying. AUDJPY may have formed a double bottom between 70.70-70.40. As long […]

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KTM FX Daily: JPY insights; Market wrap

Risk-on: Safe-Haven currencies, Brent crude Oil and Equities make the most significant move overnight as the USRT delays China tariffs for certain products until December 15 which is positive for risk sentiment and global growth […]

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New catalyst needed for another breakdown-update

Bearish-Neutral Rallies have been sold Brent crude oil failed to close below the 200MA (Weekly) and 50MA (monthly) last week triggering a corrective rally to the critical resistance level which was previous support. The daily […]

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Italy and escalating trade war tensions are the catalysts

The common currency continued to consolidate for the fifth straight session on August 12, helping the price action not to fall further and post their first weekly gains in the last three weeks. US-China Trade […]

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