KTM FX: Focus on GBPUSD. Will it holds the fib reactions?

Pound going down and down as the selling grew thicker and noisy The pound has been falling like a dead weight in the sky, down 13% from their mid-April peak against the USD and down […]

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KTM FX Weekly- EURGBP outlook: Fighting against the parallel resistance

The pound teased after Theresa May delayed the Brexit vote in Parliament. The Brexit uncertainty has been the driving force on GBP and will continue the same over the next few months as 29th March […]

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KTM Commodity Weekly: Exercise patience

The two days of negotiations finally wrap up with a cut production by 1.23m/d, effective from Jan 2019. The Brent crude oil rallied beyond 20MA but failed and traced out a short-term top at 63.60$ […]

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Accelerating Global risk sentiment and bullish USD positioning creates downward pressure on EURUSD; ECB preview

The single currency is in free fall mode again, trading below 1.1400 and 20MA as well, as the dollar strengthens across the board. On Monday session, EURCHF is the biggest loser among EUR/XXX flipside EURGBP […]

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