Archived IMT (2010.07.28)
INSTEAD OF ONLY FOCUSING ON THE USUAL JPY and USD pairs, consider the ensuing moves in EURAUD, GBPAUD and GBPUSD. EURAUD on course for taking out 1.4570s, eyeing preliminary upside at 1.4670s, before key resistance at 1.4940-50. GBPAUD attempts to break above the 1.7390 trend line resistance (extending from July 6 high), a break of which to extend recovery towards 1.75 and 1.7670. USDCAD still showing no convincing signs of a break out of the 1.0250-1.0350s. Best to play CAD weakness against JPY than against USD, hence CADJPY vulnerable to 84. EURGBP increasingly vulnerable to 0.830, before subsequent target at 0.8260s.
Real Yields & Fed Take Away
by Adam Button | Sep 29, 2020 17:25
Election Anxiety, Virus Reality
by Adam Button | Sep 25, 2020 19:15
USD Deleveraging & Tech Applications
by Adam Button | Sep 23, 2020 18:16
The Moment of Truth?
by Adam Button | Sep 21, 2020 23:15
FX Shrugs, Indices Shaken
by Adam Button | Sep 18, 2020 18:53