Search Results for: crude
Gold Retreats From Five-Week High on Outlook for Stronger Dollar
December 2nd, 2014
Gold retreated after the biggest one-day rally in more than a year as investors weighed the outlook for a stronger dollar against a rebound in oil prices. Silver, platinum and palladium dropped. Bullion for immediate delivery declined as much ...
Technical Analysis: Commodities – Dec 02
December 2nd, 2014
Technical Analysis for December 02, 2014 XAU/USD makes a big reversal and moves higher than 1175. Currently the market has broken the target and moving around 1210 level. A higher movement will target 1250 next and a lower break ...
Monday December 1: OSB Daily Technical Analysis – Commodities
December 1st, 2014
OSB Daily Technical Analysis for December 1, 2014 Gold broke down on Friday finding support in the $1165 area. Gold market is currently very noisy and volatile taking into consideration the Swiss referendum and the US$ strength. Market likely ...
Commodities Retreat to Five-Year Low as Oil Tumbles With Bullion
December 1st, 2014
Commodities fell to the lowest in five years as oil sank on prospects for a glut, gold fell after Swiss voters rejected a move to force the central bank to buy bullion and data from China confirmed a slowdown ...
Technical Analysis: Commodities – Dec 01
December 1st, 2014
Technical Analysis for December 01, 2014 XAU/USD moves lower under 1175 and targeting 1150. A lower attempt under 1130 will target 1100 back but currently market shows a very high risk for reversal as well. A higher movement to ...
Dollar Advances as OPEC Output Freeze Seen Hurting Euro, Aussie
November 28th, 2014
The dollar strengthened on speculation lower crude prices after OPEC’s decision to keep oil output unchanged will stimulate the U.S. economy while weighing on the euro and currencies of commodity-producing nations. The greenback rose against all but one of ...
Friday November 28: OSB Daily Technical Analysis – Commodities
November 28th, 2014
OSB Daily Technical Analysis for November 28, 2014 Light trading session on the day with Gold closing slightly lower on the day breaking below the $1190 handle on the day. Gold looks ready to go lower and is likely ...
OPEC inaction halts Europe rally; dollar firms
November 28th, 2014
Oil prices extended their recent slide on Friday, sending related shares and currencies lower, after OPEC decided to refrain from cutting output despite a supply glut. Brent crude LCOc1 touched a low of $71.12 a barrel after settling at ...
Oil prices crash below $70
November 28th, 2014
Oil prices came crashing down Thursday to trade below $70 per barrel after OPEC announced it was leaving oil production levels unchanged. WTI crude trading in the U.S. fell by roughly 7% to just below $69 — a level ...
Technical Analysis: Commodities – Nov 28
November 28th, 2014
Technical Analysis for November 28, 2014 XAU/USD (GOLD) trying to move lower slowly after getting a price stability around 1199 level. Currently XAU/USD is trading around 1190 level and a lower target to 1175 will target 1150 next. A ...
