Daily FNArena News - Technicals

This week ATW’s Jerry Simmons suggests a pullback for the S&P 500 is on the cards and the same is true for crude oil.

The Chartist sees more weakness ahead for CBA shares, short term, but the rally isn’t over yet, he predicts.

Michael Gable of Novus Capital suspects more weakness is in store for BHP shares in the near term.

This week will prove a make or break event for AUD/USD, predicts the TechWizard.

Michael Gable of Novus Capital suggests a strong finish today could be the harbinger of good things for the Australian market.

The TechWizard predicts Telstra will not be left behind in this year’s Christmas rally.

The Chartist suggests the Aussie may be building for another solid move to the upside.

Michael Gable of Novus Capital notes Rio Tinto’s share price has broken through resistance suggesting a reversal has been seen.

This week ATW’s Jerry Simmons raises concern over more downside for Apple and its impact on the wider US market.

Market analysts at FXCM show how traders can use the ADX Indicator to qualify and quantify trend strength.