Intraday Market Thoughts
Archived IMT (2009.06.02)
by
Jun 2, 2009 13:27
The Head & Shoulder formation in USDJPY developing since January remains intact with todays failure to break above 96.65 further validates the trend line resistance extending from the May 7th high of 99.74. The trend line was tested without success on Monday, Friday and Thursday. This sets up the path for renewed downside towards 95.40, followed by 94.60, while resistance remains capped at 96.40.
Latest IMTs
-
ندوتي قبل الإحتياطي الفدرالي
by Ashraf Laidi | Sep 14, 2026 12:09
-
My Gold Trades on CPI
by Ashraf Laidi | Sep 11, 2026 19:06
-
Bitcoin Needs these 3
by Ashraf Laidi | Sep 10, 2026 9:36
-
Bessent Warsh 1 2 Punch
by Ashraf Laidi | Sep 9, 2026 10:53
-
Gold Triangle
by Ashraf Laidi | Sep 8, 2026 10:10
