Daily FNArena News - Technicals

The Chartist reports a positive break-out for Fortescue, but with resistance looming.

Traders and chartists are worried. Charlie Chartchecker suggests too much worry seems out of character.

Market analysts at FXCM suggest current market conditions are offering forex market participants some rare opportunities in yen cross markets.

The Chartist believes Australian equities are in an up-trend, even when investors’ conviction overall remains fragile, if not absent.

There seems to be general agreement among market experts the immediate outlook for risk assets remains positive.

FXCM analyst Jamie Saettele has located a big technical hurdle for gold.

The Chartist believes the bias for oil prices remains to the upside.

The Chartist reports there could be a short term opportunity in Medusa Mining.

Robert Clayton of AliomFX notes the Dow Jones appears to be mirroring price action of a few years ago, which suggests potential for a significant fall in the next month or two.

Robert Clayton of AliomFX suggests technical signals imply a potential meltdown could be unfolding for gold.