Daily FNArena News - Technicals

Market analysts at FXCM suggest that were WTI crude to break US$54/bbl, it would represent an important behaviour change.

Michael Gable of Fairmont Equities notes the technicals have turned neagtive for Suncorp Group.

Nick Linton-Ffrost of Fifth Wave suggests the ASX200 could look at 6200 before a pullback.

The Chartist reports the charts suggest an ongoing tale of woe for iron ore prices, and hence iron ore producers.

Michael Gable of Fairmont Equities reports the signals suggest a pullback for Coca-Cola Amatil following its price recovery.

Michael Gable of Fairmont Equities suggests failure at 6000 implies a pullback ahead for the ASX200, providing a buying opportunity.

Nick Linton-Ffrost of Fifth Wave suggests near-term, the ASX200 may yet push beyond 6000 but over the next few months a pullback towards 5100 is in the charts.

The Chartist reports the Aussie dollar has retraced to an inflection point. Bearishness continues to reign unless 80 is broken.

Michael Gable of Fairmont Equities suggests Bendigo & Adelaide Bank is a value alternative to the overbought Big Four, and technically supported.

Nick Linton-Ffrost of Fifth Wave believes a rally will ensue for the index over the next few days before a pullback.