Daily FNArena News - Technicals

The Chartist has upped the technical target for gold, to well beyond the oft-mentioned US$1500/oz.

The TechWizard believes AUD/NZD is destined for much higher levels.

The TechWizard suspects the price of gold is about to nosedive.

Technical analysts at Barclays Capital see bullish technical pictures across the precious metals, with gains expected for gold and silver and an end to corrections in platinum and palladium.

The Chartist reports it would appear the AUD is setting up a platform for another rally later.

Technical market analysts at Barclays Capital suggest technical indicators support expectations of a resumption of the bullish price trend for commodities.

Technical market analysts maintain the view crude oil futures are setting themselves up for another rally.

Technical analysts at Barclays Capital suggest current oil price action is offering a bullish signal as a flag-like pattern appears to be forming.

The Chartist sees no reason to own Minara Resources with the trend of weakness likely to continue further.

The TechWizard reports the correction in global equity markets is sharing some similarities with the pull back in December.