Intraday Market Thoughts
Archived IMT (2009.04.22)
by
Apr 22, 2009 17:36
Closely watch stocks' struggle to hold on recent gains and the repsonse from FX, especially currencies which are vulnerable to risk aversion (GBP, NZD, CAD, AUD and EUR). EURAUD is an example of a risk aversion trade seeking prolonged gains, targetting 1.8830s from current 1.8340 in the event of falling US equities and negative repsonse in Asia. FTSE-100 closed at 4,3030, 30 points below the right Shoulder resistance. Expect weak bias in CAD to prevail ahead of tomrrow's CAN retail sales and BoC policu update.
Latest IMTs
-
Of Gold Extensions مقياس إمتدادات الذهب
by Ashraf Laidi | Apr 15, 2024 16:38
-
Bitcoin performance & Miners Prehalving
by Ashraf Laidi | Apr 9, 2024 17:07
-
English Translation to Arabic Interview
by Ashraf Laidi | Apr 7, 2024 21:01
-
فشل الفدرالي في إقناع الأسواق
by Ashraf Laidi | Apr 6, 2024 14:17
-
Typical Errors on Gold, Silver, USD
by Ashraf Laidi | Apr 1, 2024 16:14