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 […]

Read More..

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 […]

Read More..

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 […]

Read More..

KTM FX Weekly: Market pricing is the key driver for EURUSD

The single currency back at virtually unchanged levels, ended last week at the lower end after capped at 20MA. Markets seem to have spent the previous few days forecasting the Fed rate cut dots. Ahead […]

Read More..