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Intraday Market Thoughts

View Latest IMT | Archives Calendar | Titles by Month

Archived IMT (2009.08.27)

by Ashraf Laidi

Aug 27, 2009 2:38

Since I am on vacation, I thought I'd share this GBPUSD chart from August 7th, which shed a bright light on things to come http://twitpic.com/d1r81 Frequent readers of the articles were often told of the importance of the 50-day MA in GBPUSD. Looking ahead, I am also reminding you of this vital post from Aug 25 on the Shanghai Composite Index http://twitpic.com/feeb7 , which would have major repercussions on global equities and other markets.

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