KTM FX Daily: Base formation

The common currency has started developing a base between 1.0900-1.0925 levels after a straight fall from 1.1100 levels. All near-term indicators have remaining bearish which restrict the headroom in the data-packed week ahead. Behind the […]

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KTM FX Daily: EURUSD gains short-lived

It’s a thin session today in the European session, whereas things will pick up rapidly in the US session with Q2 Final GDP. Besides ECB Draghi is due to testify about the economy and monetary […]

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KTM Crypto Daily: Bitcoin has now nearly completed wave C; what’s next?

Cryptocurrencies tumble between 15.00%-20.00% overnight.  Bitcoin plummeted 15.00% to $7890, closed at the lowest level since June 2019.  The descending triangle breakdown suggests more legroom. The digital asset class dropped on Tuesday a few days […]

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KTM Commodity Weekly: Shifting the momentum in favor of the consolidation phase

Output disruption is temporary 161.8 fe capped the price action The Brent crude oil failed to gain a footing above the 161.8fe last week triggering a retracement to its 20MA (Weekly) located at $60.90 levels. […]

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