Daily FNArena News - Technicals

Technical market analysts now believe copper is poised for lower price levels.

Markets appear to have further to fall before hitting a bottom, reports Forex.com.

More weakness should be in store for both aluminium and copper, predict technical analysts at Barclays.

Market analysts at FXCM suggest crude oil is at the risk of a sharp reversal lower.

This doesn’t happen often but technical analysts at Barclays believe short term trends are Bearish for copper, crude oil and for gold.

The Chartist suggests Telstra shares are on the verge of a potential break-out.

Market analysts at FXCM suggest a major top is being carved out for the Australian dollar against the greenback.

A dip in gold prices at the end of last week suggests a near-term top but the technical analysts at Barclays Capital suggest buying on any move towards US$1,750 per ounce.

Technical analysts at Barclays remain positive on aluminium, and on copper.

The Chartist is anticipating the return of buyers’ interest for BHP Billiton shares.