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Lagarde warns of ‘new mediocre’ era

October 3rd, 2014 (0)
The world economy is threatened by a mediocre era of low growth for a long time, warned Christine Lagarde as she signalled cuts to the global outlook for 2015. Ms Lagarde, managing director of the International Monetary Fund, said ...

Friday October 3: OSB Daily Technical Analysis- Currency pairs

October 3rd, 2014 (0)
OSB Daily Technical Analysis for October 3, 2014 EUR/USD bounce back with a test of the 1.2700 significant resistance level. A close above extends to 1.2750. Support below at 1.2570 a break of which opens the market for lower ...

Thursday October 2: OSB Daily Technical Analysis- Currency pairs

October 2nd, 2014 (0)
OSB Daily Technical Analysis for October 2, 2014 EUR/USD intraday dip below the 1.26 handle and consolidating at this level for now. Pair looking for further direction and possibly forming a short term bottom in this area as traders ...

Wednesday October 1: OSB Daily Technical Analysis- Currency pairs

October 2nd, 2014 (0)
OSB Daily Technical Analysis for October 1, 2014 EUR/USD sell-off on Tuesday with a dip below 1.26 handle. Support below at 1.2550 and 1.2520 further down. Resistance in the 1.2680 area. Bearish. EUR/GBP closed below 0.78 handle on Tuesday ...

Tuesday September 30: OSB Daily Technical Analysis- Currency pairs

September 30th, 2014 (0)
OSB Daily Technical Analysis for September 30, 2014 EUR/USD consolidation day forming a shooting star candle and likely preparing for the next leg down. Slightly oversold at these levels and some possible sideways action and bounce. Support at 1.266. Bearish. EUR/GBP well supported at ...

Monday September 29:OSB Daily Technical Analysis- Currency pairs

September 29th, 2014 (0)
OSB Daily Technical Analysis for September 29, 2014 EUR/USD Downside momentum dominating EURUSD. Close below 1.2700 handle extends downside to support at 1.2625-35. Likely medium term target in the 1.2500 area. Pair oversold with some bounce possible in the meanwhile. EUR/GBP Intraday day ...

OSB Daily Technical Analysis- Currency pairs

September 26th, 2014 (0)
OSB Daily Technical Analysis for September 26, 2014 EUR/USD sell off continued. Price dip below 1.2700 briefly touching two year lows. Ultra bearish for the pair. A close below this level extends price to support 1.26950-60. Downside momentum picking up. EUR/GBP broke below ...

OSB Daily Technical Analysis- Currency pairs

September 18th, 2014 (0)
OSB Daily Technical Analysis for September 18, 2014 EUR/USD Breakdown below 1.29 handle. Support below at 1.2850. Market in sideways consolidation mode with slow downward drift and test of 1.28 handle most likely. EUR/GBP Sell-off in EURGBP with a close just ...

West TX Oil Eases Below $95 on Stock Build

September 17th, 2014 (0)
Brent crude steadied below $99 per barrel on Wednesday, after staging its steepest climb in two weeks in the previous session, on hopes the Organization of the Petroleum Exporting Countries (OPEC) will cut output and reduce a global supply ...

OSB Daily Technical Analysis- Currency pairs

September 17th, 2014 (0)
OSB Daily Technical Analysis for September 17, 2014 EUR/USD Push towards key resistance level at 1.30 for the EURUSD on Tuesday. More strength needed to get above and extend higher from there. Retest and range bound action most likely. ...
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