Intraday Market Thoughts
Archived IMT (2008.12.18)
by
Dec 18, 2008 14:56
Euro's increased ability to act as the anti-dollar is in part boosting its rally across the board, including its 4-week highs against the strengthening yen. And with sterling fundamentals remain strained by deteriorating twin deficits and falling interest rates (lower than Eurozones), the road to EURGBP parity is bound to meet our long established forecast. Technically, EURGBPs overshoot is defying conventional measures. Daily RSI reached record highs and 9-month highs on the weekly chart. 97 pence seen as the next target before a deepening retreat extends towards 91 pence. Renewed gains seen in Q1.
Latest IMTs
-
Powell & Gold 3000 الإحتياطي و
by Ashraf Laidi | Mar 18, 2025 14:56
-
Forecaster App التطبيق الذي كنت تنتظره
by Ashraf Laidi | Feb 23, 2025 23:00
-
Charting gold storage in NY تحليل مخزونات الذهب في نيويورك
by Ashraf Laidi | Feb 21, 2025 19:45
-
آخر ضربة تعريفات ترامب على الأسواق
by Ashraf Laidi | Feb 7, 2025 19:52
-
تداول فوضة تعريفات ترامب
by Ashraf Laidi | Jan 31, 2025 21:19