Forex Trading Online

KTM FX daily: Weekly data review

Weekly data review: The US dollar has been well supported by hawkish Fed tunes and better retail sales.  Office of the National Statistics reported, In April 2018, total UK production was estimated to have decreased […]

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KTM FX Daily: EURUSD outlook

EURUSD popped from 1.1725 to 1.1790 after the Fed rate hike and extended the gains on Thursday’s early European session. Twice we tried to breach the mid-May high’s 1.1850 and failed, well above 1.1850 could […]

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KTM FX Daily: Focus on the AUDUSD support zone

Traced out a near-term top at 0.7630 Since the daily RSI has pointing South and the oscillator has shifted to a bearish crossover, weakness is anticipated to 0.7515-0.7470 levels initially. During Powell’s press conference, the […]

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KTM FX Daily: Mixed May Australia employment data. May unemployment rate tumbled

The Australian dollar is mostly muted post mixed May labor force survey. May unemployment rate tumbled whereas full-time employment increased but well below expectations. We continue to expect the economy has a long way to […]

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