Interesting charts for January 13th
Singapore’s Strait Times Index is breaking upwards to new recovery highs amid a firmer tone for the Singapore Dollar and is being let by the financial sector.
Taiwan Dollar per 1 US Dollar – The US Dollar has now fallen to break a progression of higher reaction lows and will need to bounce soon if potential for additional higher to lateral ranging is to be given the benefit of the doubt.
S&P/ASX 200 – at risk of some consolidation amid a short-term overbought condition following recent powerful gains
Nickel – pulled back sharply yesterday on easing of Indonesian export curbs but closed well off the low and rallied today to confirm support in the region of the trend mean and the psychological $10,000 level.