Intraday Market Thoughts
Archived IMT (2008.12.17)
by
Dec 17, 2008 15:29
EURUSD shows the currency on its way to mount the biggest weekly gain (6% week-to-date), breaching the 5-month trend line resistance and breaking out of $1.42--50% retracement of the decline from the record high to the years low, as well as the 200-week moving average. Key target now stands at $1.4640, which is the 61.8% retracement of the said move and the previous support from December 2007.
Latest IMTs
-
The Nvidia Reversal
by Ashraf Laidi | May 20, 2026 19:47
-
The 2600 SPX Cycle
by Ashraf Laidi | May 18, 2026 19:57
-
Metals Break or Correction
by Ashraf Laidi | May 15, 2026 13:00
-
Silver Day Trading
by Ashraf Laidi | May 14, 2026 18:24
-
Try this with gold and oil
by Ashraf Laidi | May 12, 2026 12:54
