Daily FNArena News - Technicals

The TechWizard remains unconvinced that AUD/USD has seen its lows.

Is nickel once again leading the way for the broader base metals complex?

From a technical point of view, Friday’s price action in US equity markets suggests more weakness lies ahead, chartists report.

Gold is currently struggling with resistance, but not in euro terms where a larger bull trend is poised to commence.

There are some unsettling comparisons playing out between 2007-08 and 2009-10, notes the Wiz.

With the big diversified and smaller miners closing well bid yesterday, the Wizard believes a bottom may have formed. Watch Monadelphous.

Antipodean Capital suggests the short-term technical picture for US equities is positive as prices respected support before bouncing higher.

Technical chartists are warning gold and AUD/USD are signaling more weakness should be expected.

It’ll only take two months -at the max- before the world will once again look a troubled place, predicts the Wizard.

Gold’s surge is catching everyone’s attention, but investors better remember December, experts warn.