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TimeZone: London Time (GMT+00:00)
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EURUSD

1.1851

USDJPY

111.52

GBPUSD

1.3772

AUDUSD

0.7485

USDCAD

1.2406

GBPJPY

153.59

EURJPY

132.15

AUDJPY

83.48

CADJPY

89.86

Silver

26.23

Intraday Market Thoughts

View Latest IMT | Archives Calendar | Titles by Month

Archived IMT (2009.04.13)

by Ashraf Laidi

Apr 13, 2009 15:10

Todays Hot-Chart on NZDJPY illustrates a looming decline, which is in line with the unfolding retreat in equities. Rather than capitalizing on a retreat in Aussie pairs, the weaker NZD and CAD stand ripe to be sold off against JPY and USD. USDCAD eyes 1.2375. S&P500 trend line support stands at 800 after shying away from key resistance of 860-70.

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