KTM FX Weekly: EURUSD is hovering over the crucial support level

Gains were short-lived FOMC decision and NFP are key The common currency was rallied initially but fully retraced on the European Central Bank meeting last Thursday. As expected, the ECB held benchmark rates steady and […]

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KTM FX Daily: Thursday morning wrap; AUDNZD trade idea

The dollar index (KTM: USDX) failed to foot above the neckline/parallel resistance located between 97.25-97.36 levels. The UST 10year Yield down from 2.08% Tuesday closing to 2.05% whereas the 2year Yield settles at 1.83%. Turning […]

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KTM Commodity Weekly: We see risk of a short-term bounce

The Brent crude oil strengthened last two days as 78.6% fibs supported if we look at the technical aspect. Besides on the fundamental side, concerns that Iran’s seizure of a British tanker helped the price […]

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KTM FX Weekly: The final day has come for EURGBP

The EURGBP has failed at 0.9100 level, triggering a retracement to 0.8950. Last week high will act as a crucial resistance level ahead of the Conservative Party leadership contest outcome on July 23 and ECB […]

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