KTM FX Weekly: Now testing key support levels

·         Testing key support from 50MA (monthly) ·         Capped at 0.8720 ·         Reduced no-Brexit deal The forex traders remain to focus on the GBP for the week ahead. The pound delivered 2.70% return in the […]

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KTM FX Weekly: Range bias (1.1200-1.0900)- 2nd update

Broad US downside risk is supporting the EURUSD Not seen such a significant bounce for nearly 14 months We may see some consolidation FX market this week: The economic calendar is heavy this week. ECB policy […]

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KTM FX Daily: GBP snapshots

The forex traders remain to focus on the GBP for the week ahead. The pound delivered 2.70% return in the week ended October 18, was backed by the Brexit deal hopes. Over the past seven […]

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KTM FX Daily: Watch how price action develops around 97.00-96.90

The US dollar closed lower against the G10 currencies on Thursday. The level to watch in USDX is 97.00-96.90. The area includes the 200-DMA and 50-WMA and also its 38.0 fib reaction of 93.65-99.19. So […]

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