Intraday Market Thoughts
Archived IMT (2009.02.26)
by
Feb 26, 2009 22:52
USDCAD consolidation persists since November, but range has narrowed to a 5-cent range since January. Considering the trend line support of 1.2360 prevailing since Sep 29, a breach below it would likely be accompanied by a notable bounce in equities near 7,500 on the Dow and 790 on the S&P500. Despite the deteriorating climate for equities and the implications for higher USDCAD, the pair faces increasing resistance at 1.2620.
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