Daily FNArena News - Technicals

The Chartist reports the technical picture is looking promising for Aurora Oil and Gas.

Market analysts at FXCM see the technical picture as indicative of gold on the edge of further declines.

Market analysts at FXCM see a potential short-term triangle forming in the Australian dollar, suggesting a break to higher levels if the pattern develops further.

Technical analysts provide their latest views on gold.

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.