Today's interesting charts
Eoin Treacy's view Did you know you can
rebase any instrument to the currency of your choice using the Charting tool?
Singapore
Dollar per 1 US Dollar - posts
a new almost thirty year low against
the Singapore Dollar and a sustained move
above S$!.37 would be required to break the three-month progression of lower
rally highs and signal a return to dominance for the greenback.
Nickel
- rallies
impressively to test the August high and
a countermanding downward dynamic would be required to question scope for some
additional upside.
Lumber
- finishes
the day almost limit-up as it retests
the upper side of the three-month base. A countermanding downward dynamic would
be required to question potential for a successful upward break.
Philippines
- becoming
overextended relative to the 200-day
MA as it rallies towards the 2007 highs. However a downward dynamic would be
required to check momentum beyond a brief pause.