Intraday Market Thoughts
Archived IMT (2009.10.13)
by
Oct 13, 2009 18:54
Sterling rebounds off its 5-month low of $1.5710 after BoEs Bean talks about the need to withdraw liquidity at the right time to avoid inflation. There were no other fundamentals to the GBP rebound aside from renewed risk appetite along with surging oil prices. Interim resistance stands at 1.5950, followed by 4-week trend resistance at $1.60. Watch IBM and other tech earnings after the bell for the influence on risk appetite. AUDJPY STILL FAILING to regain the double top of 81.50s, now ready to take another fall below 81. Disappointing consumer confidence from Australia are weighing on AUD. Look for interim downside at 80.60.
Latest IMTs
-
Forecaster App التطبيق الذي كنت تنتظره
by Ashraf Laidi | Jan 15, 2025 23:00
-
استخدام الذكاء الاصطناعي في الأسواق
by Ashraf Laidi | Jan 7, 2025 11:59
-
Nasdaq vs Bitcoin بيتكوين وناسداك إلى أين
by Ashraf Laidi | Nov 12, 2024 0:34
-
Gold Elections Trades مضاربات الذهب
by Ashraf Laidi | Nov 8, 2024 23:50
-
ندوة الخميس بعد الانتخابات و قبل الفدرالي
by Ashraf Laidi | Nov 6, 2024 17:01