Today interesting charts
Comment of the Day

October 27 2010

Commentary by Eoin Treacy

Today interesting charts

Use the 'Charting' function shown upper-left in the charcoal bar above each graph to customise to your own specifications.

Eoin Treacy's view Hang Seng Index - today's downward dynamic probably caps the impressive 10-week uptrend and makes a consolidation of recent gains considerably more likely. A sustained move below 21,300 would be required to question medium-term uptrend potential.

Zinc - pulls back from the region of the April and January highs following an impressive advance since June. Today saw the largest downward dynamic in four months and probably heralds some further consolidation of recent gains and a possible reversion towards the 200-day MA.

British Pounds per 1 Euro - pulled back sharply yesterday to test the lower side of the previous range. A sustained move above 89p is now required to question scope for additional consolidation of recent gains.

Bunds - continues to extend the decline below the September lows and an upward dynamic would be required to question scope for a further test of underlying trading.

Back to top