Euro Breaks Below 55 DMA

by Ashraf Laidi

May 11, 2011 18:11

Deepening risk aversion sends EURUSD below its 55 dma for the 1st time since Jan 18, while USDX tests its own 55 dma also for the 1st time since Jan 18. Gold and silver joining risk assets lower, with silver leading the metals downside after failing to close above its 55 dma of 38.86. See our latest Intermarket Insights for our trades on EURUSD, GBPUSD, NZDCAD and SIlver on here: http://www.ashraflaidi.com/products/sub01/

Previous Next Archives

Latest IMTs

Bank of Japan Massacre or Yawn?
by Ashraf Laidi | Dec 18, 2025 20:50
EURGBP Eyes 8920
by Ashraf Laidi | Dec 17, 2025 19:31
Only One Stock سهم واحد فقط
by Ashraf Laidi | Dec 16, 2025 19:58
Gold During Recessions & Bear Markets
by Ashraf Laidi | Dec 13, 2025 12:29
AAOI & the Fed
by Ashraf Laidi | Dec 11, 2025 19:22

Subscribe to Ashraf's Newsletter

Name:

Email:

Latest Hot-Chart - Dec 17

EURGBP & Bank of England Today's weaker than expected UK CPI sharply boosted EURGBP and dragged down GBPUSD on improved expectations the BoE will cut rates tomorrow (Thursday). View Hot-Chart..

Intermarket Analytics

21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities Chart

21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities Interactive charting by instrument, chronological and alphabetical order. This enables organizing each individual commodity, currency or equity index' performance by magnitude or chronological order. View..