Today's interesting charts
Comment of the Day

September 08 2010

Commentary by Eoin Treacy

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.

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