Today's interesting charts
Comment of the Day

May 31 2011

Commentary by Eoin Treacy

Today's interesting charts

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Eoin Treacy's view Yen per Euro - found support in the region of the 200-day MA and would need to sustain a move below ¥113.5 to question potential for some additional upside for the Euro.

South African Rand per 1 US Dollar - The Dollar encountered resistance in the region of the declining 200-day MA and a sustained move above ZAR7 would be required to check current scope for some additional weakness.

Apple - finds support in the region of the 200-day MA following another equal sized reaction. A sustained move below $300 would be required to begin to question the consistency of the medium-term uptrend.

Hong Kong Hang Seng - rallying from the lower side of the six-month range, having found at least short-term support in the region of the 200-day MA. A sustained move below 22,500 would be required to check potential for some additional upside.

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