Intraday Market Thoughts
Archived IMT (2010.01.25)
by
Jan 25, 2010 15:15
US existing home sales tumbled 16.7% in December vs. consensus of -10%, providing the USD and JPY with modest stability. CAD is amid the biggest losers, as USDCAD regains 1.06 and CADJPY struggles at 85.00 GBPUSD shorts continue to see resistance at $1.6210-20, but could consider long GBPCAD plays to target initial 1.7240, followed by Dec 17 high of 1.7340s. Weekly stochastics on GBPCAD shows more upside than daily oscillators, which are currently overstreteched to the upside. AUDJPY continues to respect last weeks 2-hr chart http://chart.ly/2f933c capped failed 82 now at 81.30, looking to retest 80.90. Gold's failure to regain 1105 remains well noted by USD bulls.
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