Intraday Market Thoughts
Archived IMT (2010.02.18)
by
Feb 18, 2010 19:09
The 9-day consolidation in GBPUSD gives way to renewed testing of $1.5550, a drop below which calls up $1.5530. Risk for $1.5480 next week stands at more than 50%. Rebounds remain limited to $1.5680. Canadian dollar stands among the top performers of the day on higher than expected CPI, but the unfolding risk environment places a cap at 87.55 in CADJPY (61.8% retracement of 90.61-82.33 move) and a support at 1.0430 in USDCAD (61.8% retracement of 1.0233-1.077 rally).
Latest IMTs
-
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
by Ashraf Laidi | Mar 30, 2023 13:48
-
3 Faces of $2000 Gold
by Ashraf Laidi | Mar 24, 2023 16:38
-
Guiding Through Confusion إرشاد خلال الصاعقة
by Ashraf Laidi | Mar 20, 2023 16:51
-
Finally Gold ETFs Flows Do this
by Ashraf Laidi | Mar 17, 2023 17:00
-
2 Year vs FedFunds Signal
by Ashraf Laidi | Mar 13, 2023 20:23