Archived IMT (2010.12.15)
EUROs LATEST DECLINE makes the transition from falling on rising US yields to falling on the latest credit rating warning, this time by Moodys (1h ago) placing Spain under review for a possible downgrade due to rising funding needs. Yesterdays announcement by S&P to place Belgium under review due to political indecision since June. US 10 Yr yields hit 3.50% in Tokyo, highest since May. 3.65% now stands as the 200-week MA, a technical measure last seen in October 2007. EURUSD ONCE AGAIN proves its inability to follow up on its gains as long as it fails to close above $1.3400. Tuesdays gravestone doji candle suggests 1.3170 is a possibility, especially if US Indus production data come show another upside surprise. EURGBP 2hr and 4hr charts showing suggesting a looming retest of 0.8420, with key support seen at 0.8360.
Latest IMTs
-
محتوى بوصلة السوق من العائد الى الذهب و الناسداك
by Ashraf Laidi | Mar 20, 2024 12:42
-
BTC Needs Powell Correction بيتكوين بحاجة الى تصحيح
by Ashraf Laidi | Mar 18, 2024 17:20
-
Not once, twice, but six ستة مرات ليس صدفة
by Ashraf Laidi | Mar 13, 2024 10:07
-
Finding 88K Bitcoin كيفية الوصول الى
by Ashraf Laidi | Mar 4, 2024 12:21
-
شراء بيتكوين وصل الى عشر أضعاف الإنتاج
by Ashraf Laidi | Feb 29, 2024 9:17