Daily FNArena News - Technicals

Market analysts at FXCM suggest gold prices are nearing a technical objective and prices may now mark time before a further move higher.

Market analysts at FXCM suggest while the S&P500 appears to have hit a key resistance level, the technical picture for gold is still looking positive.

The Big Switcheroo from defensives into Risk Assets is receiving support from technical charts.

The Chartist analyses the down-trend for the ASX Materials Index (the miners).

Michael Gable of Novus Capital sees potential for another run for the ASX 200 but it may be a final blow-off.

The Chartist reports it’s difficult to make a technical argument as to why the Dow Jones Industrial Avergae will not move higher.

Market analysts at FXCM show how to identify a bearish flag pattern and how such a pattern can be used by traders.

Robert Clayton of GTL Management sees the AUDUSD continuing to correct in a bearish manner.

The Chartist reports that while the trend for the EURUSD remains negative, there is the possibility a bottom has been put in place.

Market analysts at FXCM explain Bollinger Bands and offer examples of how traders can use this tool.