Intraday Market Thoughts

Archived IMT (2009.11.23)

by Ashraf Laidi
Nov 23, 2009 14:45

Ashrafs interview earlier on Bloomberg TV / The limits of risk appetite are being pushed towards 092.90 in AUDJPY, 0.9315 in AUDUSD and 1.6680 in GBPUSD. Oil attempts to regain 80, but once again, it is the importance of having an intraweek high above 80.50 that would suggest a potential break of 5-week downtrend. Gold options strike prices held at $1,200, imposing resistance at 1,190-95.


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