Daily FNArena News - Technicals

Nick Linton-Ffrost of Fifth Wave suggests a short-term trading idea in Macquarie Group.

Michael Gable of Fairmont Equities is not concerned over recent weakness in the ASX 200 and specifically sees upside potential for Amcor.

The Chartist reports the technical signs suggest the Aussie dollar will again breach US90c and head back to previous lows.

Michael Gable of Fairmont Equities evaluates the technicals for WorleyParsons following the company’s shock profit warning and subsequent share price plunge.

Nick Linton-Ffrost of Fifth Wave suggests a short-term trading idea on the ASX 200 index.

Nick Linton-Ffrost of Fifth Wave suggests a short-term trading idea in National Bank.

The Chartist reports China’s Shanghai Index is setting itself up for a solid 2014 after a long retreat. But conviction is now required.

Michael Gable of Fairmont Equities notes the technicals are suggesting Cochlear may be oversold at this level, suggesting potential upside.

The TechWizard believes the correction in the USD/JPY is over and a break-out has ocurred to the upside.

The Chartist is longer term bullish oil, but decribes the current chart as a downward freight train not to be messed with.