Intraday Market Thoughts
Archived IMT (2010.04.28)
by
Apr 28, 2010 11:02
Ashrafs Video Presentation on EURGBP daily and weekly outlook http://bit.ly/aLZPJT GBPUSD broadens losses overnight to test the $1.5160 low50% retracement of the rally from March low to the April high. Todays FOMC decision (18:15 GMT) and Thursdays political debate among the 3 major British Parties will shape trading in the next 36 hours, thereby likely to see $1.5080 holding as the next support. USDX finally breaks to new 2010 highs at 82.56, shattering the 50% retracement of the decline from the 89,62 high to the 74.2 low. Road to $1.30 in EURUSD remains intact, with $1.29 very possible today IN THE EVENT that the FOMC removes "extended period" phrase.
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