Daily FNArena News - Technicals

The Chartist sees plenty of upside potential for Seek.

Chartists see this rally in equities markets lasting into the new year, but the overall outlook hasn’t fundamentally changed (at least not from a technical point of view).

Market analysts at FXCM view the current rally in the Australian dollar as a corrective move, with further weakness still expected.

Market analysts at FXCM note the gold price has fallen below its 13-week average and appears to be working towards the 52-week average.

Market analysts at FXCM suggest crude oil appears to be breaking down, with the technical picture suggesting an eventual move to the mid US$80 per barrel range.

Market analysts at FXCM have highlighted some currency market correlations that provide investors with alternatives to positions in other markets.

Technical analysts at Barclays Capital remain bullish on gold.

Technical market analysts at FXCM suggest the current pattern of the Dow Jones Industrials is close to what was seen in July of this year.

The TechWizard reports it’s make or break time for shares in Qantas.

Veteran trader Jeff Clark has issued a warning on silver.