Search Results for: crude
A taxing problem: How traders are playing year end selling
December 15th, 2014
As the year comes to a close and investors square up their portfolios, many may look to sell out of losing positions for tax purposes. That could mean further weakness for beaten-down assets in the short-term, but may also ...
Monday December 15: OSB Daily Technical Analysis – Commodities
December 15th, 2014
OSB Daily Technical Analysis for December 15, 2014 Gold declined on Friday while trading within a tight trading range on the day. Consolidation and range bound action likely to continue in the $1235-$1200 band for now. Market looks to ...
Yen Climbs After Election; Aussie Near Low on Iron Prices
December 15th, 2014
Australia’s dollar fell to the lowest since June 2010 and the nation’s bonds rallied as commodities slumped and people were taken hostage in a cafe in Sydney’s financial district. The Aussie weakened against most of its 16 major peers ...
European shares extend sell-off as energy stocks suffer
December 12th, 2014
European shares slid on Friday, with further declines in the price of oil hitting energy stocks, while political concerns over Greece also pegged back equities. The pan-European FTSEurofirst 300 index fell 1.1 percent to 1,342.24 points, while the euro ...
Friday December 12: OSB Daily Technical Analysis – Commodities
December 12th, 2014
OSB Daily Technical Analysis for December 12, 2014 Gold failed to move higher on the day finding strong resistance in the $1233 area. Strong resistance just above $1240 capping any strong upside move for now. A clean break above ...
Technical Analysis: Commodities – Dec 12
December 12th, 2014
Technical Analysis for December 12, 2014 XAU/USD trapped in a new trading range around 1225 – 1235 but attempts to break lower under 1220. Next lower target will be 1200 and next break higher will target 1250 slowly. ...
Oil Extends Drop Below $60 as Producers Tussle for Market Share
December 12th, 2014
Oil extended losses below $60 a barrel amid speculation that OPEC’s biggest members will defend market share against U.S. shale producers. Brent also slid after closing at the lowest price since July 2009. West Texas Intermediate futures fell as ...
Thursday December 11: OSB Daily Technical Analysis – Commodities
December 11th, 2014
OSB Daily Technical Analysis for December 11, 2014 Gold attempt to push higher faltered as it approached the $1240 resistance area selling off in the $1220 area. Price action suggests upside momentum build-up with an effort to go ...
Technical Analysis: Commodities – Dec 11
December 11th, 2014
Technical Analysis for December 11, 2014 XAU/USD trapped in a new trading range around 1225 – 1235 for now and made no attempt to break out from this level. Next break higher will target 1250 slowly and next lower ...
What the RSX Bear Market May Mean For SPX
December 10th, 2014
It has been a rough year for Russian stocks. This is shown well by the Market Vectors Russia ETF in red and especially against the volatile but upwardly moving S&P 500 in blue. When some time is taken to study this chart, however, ...
