Intraday Market Thoughts
Archived IMT (2009.06.25)
by
Jun 25, 2009 13:06
Sterling shows the biggest deterioration in FX over the past 16 hours as cable breaks below 1.6280 trend line, eyeing next support at 1.6250s. Look for 1.6180. Dow futures + 6pts but FTSE and DAX 28 and -64 respectively. USDCAD hits 1.1620 target as oil breaks to 68.30s. Next level at 1.1650 (trend line resistance from Mar high), with key level at 1.1720 top of 4-week channel. CORRECTION: NZDUSD seen testing 0.6320 (NOT 0.6220), followed by 0.6270, while EURUSD may test 1.3880 in event of weak jobless claims. USDJPY capped at 96.70. Bernanke's testimony at 14:00 GMT
Latest IMTs
-
Of Gold Extensions مقياس إمتدادات الذهب
by Ashraf Laidi | Apr 15, 2024 16:38
-
Bitcoin performance & Miners Prehalving
by Ashraf Laidi | Apr 9, 2024 17:07
-
English Translation to Arabic Interview
by Ashraf Laidi | Apr 7, 2024 21:01
-
فشل الفدرالي في إقناع الأسواق
by Ashraf Laidi | Apr 6, 2024 14:17
-
Typical Errors on Gold, Silver, USD
by Ashraf Laidi | Apr 1, 2024 16:14