KTM Commodity Weekly: Take profit action required

Brent reached a high of $32.40 rebounds more than 90.0% from April’s low. Focus on three oil reports The Brent crude oil came under renewed selling pressure at the start of this week resulting in […]

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KTM FX Weekly: Short- term crunch point

Most European currencies are higher overnight. Symmetrical triangle in focus. The common currency closed in the red on May 11 against the dollar. Technically, we maintain our rangebound stance as the Euro has been trading […]

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KTM Commodity Weekly: Four factors that that can influence Brent oil

Brent crude oil continues to rebound from 22 April low which. On Monday Brent up by a 6% and Managed to close near 20MA.  Oil market log first weekly gain in over a month as […]

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EURGBP continues to eye a key near-term support level-update

Focus on BoE meeting Interesting support zone: 0.8680-0.8590 Ahead of this week’s Bank of England meeting, we have a cautious view of the EURGBP trading range. Since mid-April, the cross is trading in a narrow […]

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