Today's interesting charts
Comment of the Day

June 01 2011

Commentary by Eoin Treacy

Today's interesting charts

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Eoin Treacy's view Taiwan - testing the upper side of the almost six-month range but it will need to sustain a move above 9100 to indicate a return to medium-term demand dominance.

South Korea - continues to find support in the region of the 200-day MA and would need to sustain a move below 2000 to question medium-term upside potential.

Asian Dollar Index - remains in a consistent medium-term uptrend and this week's rally has broken the short-term progression of low rally highs. A clear downward dynamic would be required to question potential for additional upside.

Eurobunds - remain in a steady six-week uptrend which has broken the medium-term progression of lower rally highs. A break in the short-term progression of high reaction lows, currently near 124.5 would be required to check current scope for some additional upside.

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