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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KTM FX Weekly: Trading in very tight ranges

The common currency failed to breach above the triple top pattern and retraced to the psychological 1.10 levels. It formed a triple top pattern, indicating range bound action into the month-end.  Ongoing trade owes: The near-term […]

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KTM Commodity weekly: New technical profiles are testifying bearish-update

Brent crude price capped at 100MA and slipped on Monday after China posted the weak economic growth numbers. The crude oil price lost 150cents to close at 66.00$ formed a bearish candle on the daily […]

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KTM FX Weekly: Consolidation continues amid bearish layers

We are two weeks away for the Fed meeting. A growing number of analysts and market percipients are pricing nearly a 100% chance of Fed rate cut in July meeting. What happens when the Fed […]

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