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Thursday November 27: OSB Daily Technical Analysis – Commodities

November 27th, 2014 (0)
OSB Daily Technical Analysis for November 27, 2014 Tight trading range for Gold on Wednesday which continues to consolidate and bounce around in the $1200 area. Pair likely to remain in the $1210-$1190 band for now. Neutral session for ...

Norway’s Krone Declines on OPEC as Dollar Falls on Growth Doubt

November 27th, 2014 (0)
The Norwegian krone dropped the most in a month against the dollar and was within 0.6 percent of a five-year low as oil ministers meet in Vienna to discuss output levels. The currency of Europe’s largest crude producer weakened ...

Funding secured for Tesco shareholder class action

November 26th, 2014 (0)
Australian litigation funder Bentham has made its biggest entry yet in the European market by agreeing to fund a class action against supermarket giant Tesco. The European subsidiary will fund legal action on behalf of shareholders who are claiming ...

Wednesday November 26: OSB Daily Technical Analysis – Currency pairs

November 26th, 2014 (0)
OSB Daily Technical Analysis for November 26, 2014 Continuation of bounce back from the 1.2360 low with the 1.2510 area (20 DMA) the next resistance to upside push. A close above extends to the 1.2560-80 area. Support below in ...

Tuesday November 25: OSB Daily Technical Analysis – Commodities

November 25th, 2014 (0)
OSB Daily Technical Analysis for November 25, 2014 Negative day for Gold on Monday which is consolidating at the $1200 area at the moment. A break above this area required to have any chance of shaking off bearish momentum ...

Tuesday November 25: OSB Daily Technical Analysis – Currency pairs

November 25th, 2014 (0)
OSB Daily Technical Analysis for November 25, 2014 EUR/USD Jump higher on Monday closing on highs of the day. Resistance above at 1.2450 likely to cause some push back. Support below in the 1.2400, a break below extends downside move ...

India Rebounding?

November 25th, 2014 (0)
India has a population of more than 1.2 billion, more than one-sixth of world population. A coupole of decades ago, economic growth started surging in India. For example, the share of the population that was essentially destitute, below the ...

Ruble Jumps on Rising Oil Prices and Stimulus Hopes

November 24th, 2014 (0)
The ruble rose sharply on Monday, lifted by Russian exporters buying to meet tax payments and as oil prices stabilised at around $80 a barrel. At 1356 GMT, the ruble was around 1.7 percent stronger against the dollar at ...

Monday November 24: OSB Daily Technical Analysis – Currency pairs

November 24th, 2014 (0)
OSB Daily Technical Analysis for November 24, 2014 EUR/USD Market sold off hard testing support making a low at 1.2375 which proved to be strong support. A close below 1.2350 extends down leg into the 122.50 area in the ...

Technical Analysis: Currency pairs – Nov 24

November 24th, 2014 (0)
Technical Analysis for November 24, 2014 EUR/USD has breached 1.24 line and keeps moving lower. Currently EUR/USD has continued the downtrend from 1.35 and keeps moving downwards. A break lower to 1.235 will target 1.225 next and a higher ...
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