Daily FNArena News - Technicals

The Chartist hasn’t given up his positive bias on gold stocks as yet, but he wouldn’t like to see much more weakness from here.

Market analysts at FXCM believe the pressure has now reversed to the downside for crude oil. At least, for now.

Technical analysis combined with historical data suggests the Nasdaq index has over-stretched itself. Sideways or correction seem but the two options left.

The TechWizard is preparing for a pull back.

Market analysts at FXCM suggest crude oil and metal prices are now vulnerable as risk appetite is unravelling.

Don’t be fooled by last night’s pause, chartists warn, for crude oil futures are on the brink of a rally higher.

The Chartist reports one technical interpretation the USD Index having peaked inside an ongoing negative trend channel.

Technical analysts believe gold has been building a base for the next rally upwards.

The Chartist reports few definitive conclusions can be drawn from Woodside price charts, other than that a base building process might be in place.

Underlying weakness in copper has chartists at Barclays worried.