Forex Trading Online

KTM Commodity Weekly: We see risk of a short-term bounce-update

Brent crude oil remains in a narrow range; lacks direction. Since last week, the technical picture has not changed. Turning to fundamental news overnight talks between Iran and major powers ended on an optimistic note. […]

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KTM FX Weekly: EURGBP logs longest winning streak

The EURGBP has continued to rally last week too, with breaking the key resistance 0.9100 marks. The cross has been moving higher for twelve straight weeks. The recent upmove from early May to till date […]

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KTM FX Weekly: EURUSD is hovering over the crucial support level

Gains were short-lived FOMC decision and NFP are key The common currency was rallied initially but fully retraced on the European Central Bank meeting last Thursday. As expected, the ECB held benchmark rates steady and […]

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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 […]

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