Intraday Market Thoughts
Archived IMT (2010.11.29)
by
Nov 29, 2010 15:40
ASIDE FROM THE EURUSD testing $1.3100, which is the 50% retracement of the rally from the June low (still eyeing $1.27), EURGBP shorts are now catching up w/ other EURO CROSSES, testing the 0.84 support61.8% retracement of the rally from the June low to the Oct high (0.894). 0.84 looks like will become the next focal point, but medium term objective remains at the trendline support of 0.8340, followed by 0.8260. You have seen the Nov 14 article charting the MONTHLY & WEEKLY charts on EURGBP http://bit.ly/bg1Cvj calling for 0.8370 and 0.8150.
Latest IMTs
-
4200 Gold & Warsh
by Ashraf Laidi | Jul 31, 2026 11:26
-
Nasdaq pre FOMC
by Ashraf Laidi | Jul 27, 2026 18:06
-
Fed can Hike next Week
by Ashraf Laidi | Jul 24, 2026 13:22
-
Nasdaq Beware
by Ashraf Laidi | Jul 17, 2026 11:46
-
Intraday Gold Fibonacci
by Ashraf Laidi | Jul 16, 2026 13:19






