Forex Trading Online

KTM Daily: EURAUD facing resistance at the parallel resistance

Parallel resistance seems at 1.5770 and previous resistance at 1.5830 (Jan 2014 high) The RSI and the oscillator (RVI) are showing bearish signals on the daily and weekly charts Recent five trading sessions price movement indicating a top-in progress […]

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KTM Daily: GBPNZD on the verge of a bullish break

GBPNZD: The cross rose 0.75% having an Asia session high of 1.9315 As widely expected, the RBNZ left the Official Cash Ration (OCR) on hold this morning at 1.75%. The kiwi dollar tanked after the […]

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KTM Daily: GBPUSD pivotal at 1.3835-1.3800

The cable has fallen since the beginning of this week settled below 20MA. Recent retracement is 50.0% of the previous rally (1.3300-1.4344) indicating a near-term top has established. Focus shifted to today’s Bank of England […]

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KTM Daily: RBNZ preview. NZDUSD and AUDNZD are trading at key levels.

Image source: AIS NZDUSD: The cross rose more than a percent having a high of 0.7350. Data Review: New Zealand 4Q unemployment rate fell to 4.5% a nine-year low from 4.6% 3Q, according to Stats […]

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