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Technical Analysis: Indices – Nov 25

November 25th, 2014 (0)
Technical Analysis for November 25, 2014 SPX has break over 2070 next target will be 2100 but a lower leg to 2040 will send SPX back into the 2030-2050 trading range. A lower leg under 2030 will target 2025 ...

Technical Analysis: Commodities– Nov 25

November 25th, 2014 (0)
Technical Analysis for November 25, 2014 XAU/USD (GOLD) has broken 1205 line and will start to target 1240 next. XAU/USD still stuck in sideways around 1180-1205 level for now. A lower leg under 1175 will target 1150 next. No ...

Technical Analysis: Currency pairs – Nov 25

November 25th, 2014 (0)
Technical Analysis for November 25, 2014 EUR/USD tried to break under 1.235 but stopped at 1.236. Currently EUR/USD has rebounce to 1.244 level and trying to touch 1.25 again. If it breaks 1.25 then it will target 1.26 next ...

China cuts key short-term money rate as Beijing pushes down cash costs

November 25th, 2014 (0)
China’s central bank lowered the yield for a key short-term money rate on Tuesday, the fourth time it has done so this year, as regulators step up efforts to reduce funding pressure for Chinese companies. The reduction, announced on ...

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 – Indices

November 24th, 2014 (0)
OSB Daily Technical Analysis for November 24, 2014   S&P 500 made new highs on Friday pushing ever close to the 2100 mark. Market remains strongly bullish and in a buy only mode.   Up day for the Dow ...

Monday November 24: OSB Daily Technical Analysis – Commodities

November 24th, 2014 (0)
OSB Daily Technical Analysis for November 24, 2014 Gold rallied through the $1200 mark on Friday only to entice sellers to step in and sell the precious metal back below this key level. Support below in the $1185-$1190 area. ...

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 ...

Forex Magnates London Summit – OSB Independent Review

November 24th, 2014 (0)
We attended the Forex Magnates summit in London on Tuesday 18th and Wednesday 19th November which we found very interesting, well organised and deeply insightful with regards to the where the retail forex industry is heading. Key industry figures ...

Chinese, Russian Lenders to Back Israel’s eToro

November 24th, 2014 (0)
Chinese financial powerhouse Ping An and Russia’s largest lender Sberbank are in advanced discussions to back Israeli online trading company eToro, according to people familiar with the matter, as Chinese interest in Israel’s technology sector heats up. The company ...
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