US Dollar per 1 Australia Dollar – The Australian Dollar has completely unwound its oversold condition relative to the 200-day MA and posted a downside key day reversal today suggesting supply in the region of 98¢.Back to top
Gasoline – has returned to retest the lower side of its almost three-year range. A clear upward dynamic such as seen at other tests of the $2.50 area will be required to confirm a return to demand dominance in this area.
New Zealand – continues to extend what has been an impressive advance over the last year but is becoming increasingly overextended relative to the trend mean and is susceptible to a reversion.
Hong Kong Hang Seng – continues to range below the psychological 24,000 level and pulled back sharply today. A sustained move above that area will be required to confirm a return to medium-term demand dominance.