Intraday Market Thoughts
Archived IMT (2009.01.14)
by
Jan 14, 2009 14:39
The 2.7% decline in US Dec retail sales defies the receding signs of stress in credit markets and expose the ongoing deterioration on the economic front.
The shocking report triggers sharp return to the risk-driven trades of H2 2008 boosting USD and JPY, but this also means that USDJPY could head towards towards my projected target of 86.40 (see lasty week's H&S analysis). Gold still holds above TL support of $815.
Latest IMTs
-
Silver's Road to 102
by Ashraf Laidi | Jan 19, 2026 13:25
-
Avoid Yen Intervention Trap
by Ashraf Laidi | Jan 17, 2026 11:20
-
Winners & Losers
by Ashraf Laidi | Jan 15, 2026 16:22
-
Forecaster App التطبيق الذي كنت تنتظره
by Ashraf Laidi | Jan 15, 2026 13:55
-
Update on Gold & Silver after USSC
by Ashraf Laidi | Jan 14, 2026 19:54
