Market analysts at FXCM suggest a major low may be in place for the US dollar as the currency has broken above trendline resistance and exceeded the May high.
The TechWizard reports CSL shares have broken below 20 M/A indicating more weakness is on the cards.
Market analysts at FXCM expect the Australian dollar will test its range against the US dollar as investor risk sentiment is wavering.
Market analysts at FXCM suggest while the Australian dollar may be headed fror fresh highs in coming months, short-term a test of support at 106 is likely.
Market analysts at FXCM suggest while crude has dipped after breaking its resistance line, the current chart implications are bullish as long as recent lows hold.
Market analysts at FXCM suggest with crude breaking trendline resistance the decline in the oil price is now complete.
The TechWizard has identified four stocks he believes are poised for more weakness.
Market analysts at FXCM expect gold will push higher into resistance at around US$1,525 per ounce over the next week.
The TechWizard reports Fortescue shares might be ready for a sizable rally.
The TechWizard sees value in Westpac shares at present price levels.