Daily FNArena News - Technicals

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

The TechWizard reports 1.0250 has now become the key technical level for AUD/USD.

Technical analysis suggests Telstra shares seem poised for potentially much lower price levels, The Chartist reports.

Technical market analysts see pressure increasing on USD while highlighting this further stimulates commodities.

FXCM market analyst Jamie Saettele suggests gold’s focus remains on higher highs.

The TechWizard suggests this could be a make-or-break situation for Fortescue shares.

FXCM Market analyst Jamie Saettele believes there’s more left in the present gold rally.

Michael Wright, Currency Analyst at FXCM, believes investors will be best off if they prepare for euro weakness.

Technical analysts at Barclays warn investor sentiment towards base metals is in extreme territory again.

Charlie Chartchecker finds US equities continue to attract support and sellers are nowhere to be found.