Today's interesting charts
Eoin Treacy's view Silver
-
continues to retreat from the high near
$25 and a sustained move above that level will be required to reassert the medium-term
uptrend.
Germany
-
the strength of the Euro does not yet
seem to have had an effect on Germany's surfeit of exporters as it extends the
breakout from a six-month range. A sustained move below the 200-day MA would
be required to question medium-term upside potential.
Brazilian
Real per 1 US Dollar -
the Dollar found at least near-term support
in the region of BRL1.65 last week and a sustained move below that level would
be required to question scope for some further retracement of recent Dollar
weakness.
Robusta
Coffee -
breaks upwards to new recovery highs
and a sustained move below the 200-day MA would be required to question medium-term
upside potential.
Bunds
-
testing the September low and a sustained
move above 132.5 would be required to question scope for a further test of underlying
trading.