Intraday Market Thoughts
Archived IMT (2009.10.14)
by
Oct 14, 2009 16:34
FX markets are reluctant to add on the aggressive gains already posted by GBP, EUR and NZD against USD and EUR despite a blowout earnings by JPM, smaller than expected decrease in US retail sales and smaller than expected increase in UK jobless. Dow attempts to catch up with Nikkei at 10K, while SP500 maintains its 1080s footing above Gold's 1060s. Cable still faces interim resistance at 1.6050s, followed by 1.6120s. USDCAD remains supported at 1.0235-40 while oil awaits tomorrow's EIA data (delayed release).
Latest IMTs
-
The Nvidia Reversal
by Ashraf Laidi | May 20, 2026 19:47
-
The 2600 SPX Cycle
by Ashraf Laidi | May 18, 2026 19:57
-
Metals Break or Correction
by Ashraf Laidi | May 15, 2026 13:00
-
Silver Day Trading
by Ashraf Laidi | May 14, 2026 18:24
-
Try this with gold and oil
by Ashraf Laidi | May 12, 2026 12:54




