Archived IMT (2010.11.01)
On that Daily GBPUSD Chart http://chart.ly/hbdblph
So basically, the Doji will remain in force as long as NY closes between $1.6050 & 1.6030. A close between 1.6030 & 1.6000 would suggest a gravestone or a bearish inverted hammer. I already mentioned the possibility of a weekly Double Top on Sunday for this week, but we do need the fundamental confirmation for such occurence, which could come in the form of disappointing showing on UK PMI construction (Tues), services PMI and BRC report (both on Wed) and Halifax home prices as well as PPI on Friday. Downside seen extending towards $1.585-, followed by 55-day MA of $1.5660. Aside from these UK-specific risks, the FOMC/Election/Jobs report could further propel these USD dynamics.
Timing Gold's Intraday Reversal توقيت إنعكاسات الذهب
by Ashraf Laidi | Jan 27, 2023 17:07
Another Short Long Combo in Gold مضاربة الذهب على الإتجاهين
by Ashraf Laidi | Jan 18, 2023 17:38
CAD on the Cusp
by Ashraf Laidi | Jan 11, 2023 16:13
Is CNH H&S Complete?
by Ashraf Laidi | Jan 9, 2023 20:49
Metals vs Energy Before & After
by Ashraf Laidi | Jan 6, 2023 12:43