Forex Trading Online

KTM FX Weekly: Brent oil recovered from lows but fail to breach resistance zone

At Monday’s closing hour, Brent crude oil recovered from lows and closed at 62.70$. A good flight put up by the bulls at 20DMA with Oil closed marginally higher. Lower level buying supported the price, […]

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KTM FX Weekly: No Forward thrust for EURUSD

EURUSD was choppy at the start of trading on Monday, but economic data outcomes are capping the rallies. In my view, dips should be well protected and could come out of the ranges in the […]

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KTM FX Weekly: Global economic calendar (Feb 04-08); Chart of the week: GBPAUD

FX market this week: Central Bank monetary policy meetings (RBA and BOE) among top-tier data/events to keep forex traders busy. Again Central bank meetings are likely to be the big focus point for the forex […]

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KTM FX Daily: Neckline and an interesting trend line capping the rallies

Interesting trendline capping the rallies:  Selling pressure remains very strong, an interesting trendline (descending) is still in evidence in the daily chart. USDJPY price is steady on Asia session today, having earlier rejected at 20MA. […]

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