Interesting charts June 28th 2018
Comment of the Day

June 28 2018

Commentary by Eoin Treacy

Interesting charts June 28th 2018

Eoin Treacy's view

The South Korean Won spent most of the year ranging in an inert manner but the Dollar has now broken out and a clear downward dynamic would be required to question medium-term dominance.

The Jakarta Composite Index confirmed resistance in the region of the trend mean two weeks ago and broke downwards today to extend the emerging downtrend.

Thailand’s SET Index has dropped to test the upper side of the underlying almost five-year range and will need to bounce soon and emphatically to confirm support in this area.

The Nikkei-225 Average continues to range above the trend mean and a sustained move below it would be required to question the support building hypothesis.

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