OSB Daily Cheat Sheet

AUDUSDDaily 22/12

Monday December 22: OSB Daily Technical Analysis – Currency pairs

22/12/2014(0)
OSB Daily Technical Analysis for December 22, 2014 EURUSD broke new lows on Friday with bears having a field day in the pair. A break below here extends to a test of the 1.22 handle extends to 1.2165 given time. A swing back above 1.23 with a decisive close in this area allows some decisive corrective action to take place otherwise any bounce likely to be faded. Push towards ... Read More
NIKKEI225 chart dec19

Friday December 19: OSB Daily Technical Analysis – Indices

19/12/2014(0)
OSB Daily Technical Analysis for December 19, 2014 The S&P 500 pushed higher on the day breaking past resistance at 2020 and clearing the 2050 level with ease. Yesterdays price action suggests that downswing/correction phase likely to be over with the S&P entering a new up leg. Resistance above at 2085-90. A close above extends to 2100.   The Dow broke out on Thursday pushing past the 17700 level ... Read More
Gas chart dec19 NGDaily

Friday December 19: OSB Daily Technical Analysis – Commodities

19/12/2014(0)
OSB Daily Technical Analysis for December 19, 2014 Gold continues to consolidate hovering about the $1200 level. Momentum for either side remains subdued at the moment with little interest both from buyers and sellers. Range bound action likely to continue as markets quieten down for holidays next week.   Silver broke above the $16.00 handle on Thursday but failed to hold onto this and closed just beneath. Consolidation and ... Read More
EURUSDDaily 19/12

Friday December 19: OSB Daily Technical Analysis – Currency pairs

19/12/2014(0)
OSB Daily Technical Analysis for December 19, 2014 Rally and close above the 1.25 handle suggesting pair looking to move higher. Key support levels just above the 1.25 area likely to be tested with some pull back expected. If this holds market to test 1.2570-80 resistance in the short term. Little change and slow market without much movement to either direction. Weakness remains dominant theme in this pair which ... Read More
NIKKEI225 chart dec18

Thursday December 18: OSB Daily Technical Analysis – Indices

18/12/2014(0)
OSB Daily Technical Analysis for December 18, 2014 The S&P broke higher on Wednesday pushing towards the 2020 handle resistance which is still a push from here. The S&P correction likely bottomed for now with possible change in sentiment following Fed announcement. A break above 2020 put bulls back in the drivers seat at least for now.   Positive day for the Dow which managed to close the day ... Read More
NGDaily 18/12

Thursday December 18: OSB Daily Technical Analysis – Commodities

18/12/2014(0)
OSB Daily Technical Analysis for December 18, 2014 Failure to sustain upside momentum and resistance at the key $1200 area. Formation of shooting star candle suggests some indecisiveness. Likely to retest resistance above. Failure of a clean break out and a close below $1180 likely to open new down leg. Rally attempt met with strong resistance at the $16.50 area. Push back and close below the 20 DMA. Silver ... Read More
USDJPYDaily 18/12

Thursday December 18: OSB Daily Technical Analysis – Currency pairs

18/12/2014(0)
OSB Daily Technical Analysis for December 18, 2014 Attempts to close above the 20 DMA failed. Pair looking to bounce higher. Further consolidation and retesting of 1.25 area. A close above extends to 1.2635. Selling pressure continues to push pair lower. A close below Fridays low likely to trigger sell-off and test of the 1.55 handle. Bulls thin on the ground, bounces not likely to draw much interest. Selling ... Read More
NIKKEI225 chart dec17

Wednesday December 17: OSB Daily Technical Analysis – Indices

17/12/2014(0)
OSB Daily Technical Analysis for December 17, 2014 The S&P 500 rallied in the early session but found resistance in the 2020 area which put the bears back in action to push the index back below the 2000 mark. S&P’s new monthly low suggests this correction is still in full swing with further downside imminent. Supoprt below at 1950-60. The Dow broke lower on the day after failing to ... Read More
NGDaily 17/12

Wednesday December 17: OSB Daily Technical Analysis – Commodities

17/12/2014(0)
OSB Daily Technical Analysis for December 17, 2014 Gold broke lower on the open on Tuesday but managed to turn back and rally straight into resistance at the $1225 area. Price action suggests some indecisiveness about further direction but overall weakness dominates sentiment in this market. Support beneath at the $1180-85 area. Silver broke down on Tuesday slashing through the 20 DMA and finding support at the $15.50 area. ... Read More
AUDUSDDaily 17/12

Wednesday December 17: OSB Daily Technical Analysis – Currency pairs

17/12/2014(0)
OSB Daily Technical Analysis for December 17, 2014 EURUSD rallly broke above the 50 DMA intraday with resistance at 1.2570 holding strong keep the 1.2600 level out of reach at least for now. A close above the 50 DMA extends to 1.26 handle. Support in the 1.2460-90 band needs to hold for upswing to remain in action. A break below tilts bias to the downside with a test of ... Read More
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