Intraday Market Thoughts
Archived IMT (2008.09.26)
by
Sep 26, 2008 16:23
EURUSD loses further ground in line with chart in yesterday's article, suggesting downside to extend to as low as $1.4500. The importance of this figure is underlined by the confluence of 2 fibonacci retracements--38% retracement of 1.3878-1.4865 rise and; 50% retracement of 1.4150-1.4865 rise. A possible resolution over the Rescue package on Monday may act as the catalyst. Also remain alert of rumblings of troubled European banks from failed US banks.
Latest IMTs
-
Gold's 10, 38, 5 Pattern
by Ashraf Laidi | Nov 27, 2023 15:02
-
نحن الآن بين مرحلة 3 و 4 XAUUSD
by Ashraf Laidi | Nov 27, 2023 13:34
-
Live Stream at 10 am GMT
by Ashraf Laidi | Nov 23, 2023 9:37
-
Trading Gold Retracements تصحيحات و امتدادات الذهب
by Ashraf Laidi | Nov 21, 2023 11:46
-
Aussie Top Down Approach
by Ashraf Laidi | Nov 21, 2023 9:29