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EURUSD

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111.52

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1.3772

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EURJPY

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Intraday Market Thoughts

View Latest IMT | Archives Calendar | Titles by Month

Archived IMT (2009.04.20)

by Ashraf Laidi

Apr 20, 2009 15:59

Both gold and silver are are up sharply despite a stronger USD as stocks losses intensify, prompting sector rotation away from financials into metals. Silver eyes 200-day MA of 12.33, 12.90. Gold eyes 910. Subscribers of my twitter page obtained favourable updates on Friday afternoon, pointing out the bullish Divergence in RSI and Williams % http://www.twitter.com/alaidi . Today's CADJPY Hot-Chart Strategy is 70 pips in the money.

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twitter.com/alaidi

Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R (5 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7 (5 months ago)
The last time both #DXY and #XAUUSD fell by more than 2% this this rocketed higher... https://t.co/ekcYnGzWae… https://t.co/J0fe60fPCK (5 months ago)
The last time both #DXY and #XAUUSD fell by more than 2% this rocketed higher... https://t.co/ekcYnGzWae #forex… https://t.co/8mmAFLfXhI (5 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo (5 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟ موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق https://t.co/Y7tD0RxCS2 @XM_COM (5 months ago)
Moving the goalposts? Trend vs Trendline: Gold, DXY, Yields https://t.co/htxZzKjl7U #forex #XAUUSD $GLD $TNX https://t.co/NE7mSpN2wq (5 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (5 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (5 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW (5 months ago)

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