Intraday Market Thoughts
Archived IMT (2010.11.29)
by
Nov 29, 2010 15:40
ASIDE FROM THE EURUSD testing $1.3100, which is the 50% retracement of the rally from the June low (still eyeing $1.27), EURGBP shorts are now catching up w/ other EURO CROSSES, testing the 0.84 support61.8% retracement of the rally from the June low to the Oct high (0.894). 0.84 looks like will become the next focal point, but medium term objective remains at the trendline support of 0.8340, followed by 0.8260. You have seen the Nov 14 article charting the MONTHLY & WEEKLY charts on EURGBP http://bit.ly/bg1Cvj calling for 0.8370 and 0.8150.
Latest IMTs
-
Avoid Yen Intervention Trap
by Ashraf Laidi | Jan 17, 2026 11:20
-
Winners & Losers
by Ashraf Laidi | Jan 15, 2026 16:22
-
Forecaster App التطبيق الذي كنت تنتظره
by Ashraf Laidi | Jan 15, 2026 13:55
-
Update on Gold & Silver after USSC
by Ashraf Laidi | Jan 14, 2026 19:54
-
Gold Channel Intact
by Ashraf Laidi | Jan 12, 2026 20:58





