Daily FNArena News - Technicals
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Copper Correction Not Over As Yet
May 19 2011
Don’t be fooled, this correction aint over just yet, report technical market analysts at Barclays.
Crude Objectives Remain Below US$90
May 18 2011
Market analysts at FXCM suggest the technical objective for crude oil prices remains below US$90 per barrel.
Crude Objectives At 8900 And 8440
May 13 2011
Market analysts at FXCM suggest the oil market has seen its highs shorter-term, with downside targets currently at US$89 and US$84.40.
Gold Bearish Pattern On Track
May 13 2011
Market analysts at FXCM suggest gold’s bearish pattern is on track as the technical picture suggests a secondary top is in place.
Correction For Commodities ‘Incomplete’
May 09 2011
Technical market analysts at Barclays believe the correction for commodities is not yet finished.
The Ol’ Reverse Head And Shoulders
May 05 2011
Technical analysts in the US are not concerned over fresh weakness in the S&P 500, seeing a very positive head and shoulders pattern as confirmed.
CAD To Catch Up On AUD
May 03 2011
The TechWizard predicts the Canadian dollar will play catch up with the AUD against the USD.
AUD/NZD Ready For Break-Out
May 02 2011
The TechWizard reports it appears AUD/NZD is setting up for another break-out.
Kingsgate Near Key Support
May 02 2011
The TechWizard suggests the outlook for Kingsgate shares remains to the downside, with key support looming.
It’s The USD, Stupid!
Apr 29 2011
A USD in apparent freefall is extending long term uptrends for commodities and other assets, reports Barclays.
