Search Results for: crude prices
OSB Daily Technical Analysis- Commodities
September 22nd, 2014
OSB Daily Technical Analysis for September 22, 2014 Gold Continuation of down move and drift close to the $1200 support level which now is very much to be tested. A close below this level suggests further downside for Gold. No ...
Commodities Suffer at Hands of Fed
September 19th, 2014
Commodities dropped to the lowest level in more than five years after the Federal Reserve raised its outlook for interest rates, bolstering the dollar and reducing the appeal of raw materials as a store of value. The Bloomberg Commodity ...
OSB Daily Technical Analysis- Commodities
September 19th, 2014
OSB Daily Technical Analysis for September 19, 2014 Gold December 14 Gold fell below $1220 intraday and managed to close above for the day. Action suggests that the downward move might be preparing to take a pause at least for ...
OSB Daily Technical Analysis- Commodities
September 18th, 2014
OSB Daily Technical Analysis for September 18, 2014 Gold Wide swing in the Dec14 Gold contract as bulls and bears fought it out. $1240 level is now resistance and support at the $1220 area. Gold is now below it recent ...
West TX Oil Eases Below $95 on Stock Build
September 17th, 2014
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 – Commodities
September 17th, 2014
OSB Daily Technical Analysis for September 17, 2014 Gold Push higher for Gold with a test of the $1240 resistance level. Gold likely to consolidate at these levels and needs to push above current resistance if it is going ...
Oil Production 2014
September 17th, 2014
The world’s oil supply has shrunk considerably over the last few decades. Countries, mostly in the Middle East, with what seemed like a never-ending amount of oil, have begun limiting their exports. Some oil fields, such as the ones ...
West TX Oil at $93 on Softer Economic Data
September 16th, 2014
Brent crude was little changed just below $98 a barrel on Tuesday, holding gains after recovering from its lowest price in more than two years but capped by a soft global economic outlook. Data reflecting lackluster manufacturing output performance ...
OSB Daily Technical Analysis- Commodities
September 16th, 2014
OSB Daily Technical Analysis for September 16, 2014 Gold A pause to the gold sell off on Monday after breaking below the $1230 level and bouncing back to close at $1235. Bearish with some bouncing around in the next ...
OSB Daily Technical Analysis – Commodities
September 15th, 2014
OSB Daily Technical Analysis for September 15, 2014 Gold December 14 Gold dipped below $1230 on Friday only to turn back and close just above. Gold is bearish and all signs suggest lower prices and increased volatility as we ...
