Daily FNArena News - Technicals

Craig Parker of Moat Capital suggest the bulls are doing their best for the ASX200 but conviction is faltering.

The Chartist suggests a healthy consolidation period for the iron ore price would provide a buying opportunity in mining stocks.

Michael Gable of Fairmont Equities suggests a break-out for goldminer Newcrest points to resumption of the uptrend.

Craig Parker of Moat Capital remains short term positive on the ASX200, depending on what happens early this week.

The Chartist suggests that from a technical perspective, beaten-down lithium miners may now be worth another look.

Having avoided QBE Insurance for many years, Michael Gable of Fairmont Equities believes the worst may now be over.

Craig Parker of Moat Capital notes a technical view on the ASX200 currently depends on what timeframe is being considered.

The Chartist reports the technicals show the Aussie dollar looking decidedly weak but US dollar weakness may prevail.

Michael Gable of Fairmont Equities suggests Treasury Wine Estates is providing a potential buying opportunity.

Craig Parker of Moat Capital suggests that having failed to regain the high, the ASX200 should now move back to its moving averages.