Daily FNArena News - Technicals

Michael Gable of Novus Capital suggests a pullback in the ASX 200 is likely in the shorter term but is unlikely to be significant.

The Chartist sees a break-up in the charts for offshore LNG service provider Mermaid Marine.

Michael Gable of Novus Capital believes a pullback in the Rio Tinto share price is likely before another push to new highs.

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.