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Friday November 7: OSB Daily Technical Analysis – Commodities

November 7th, 2014 (0)
OSB Daily Technical Analysis for November 7, 2014 Gold managed to halt its downswing on Thursday with a brief attempt to climb higher testing resistance at the $1150 area. Gold appears to be supported at the $1140 area and ...

Friday November 7: OSB Daily Technical Analysis – Currency pairs

November 7th, 2014 (0)
OSB Daily Technical Analysis for November 7, 2014 EUR/USD sold off breaking and closing below the 1.24 handle on Thursday making a new two year low. Support at 1.2350-30. A close below extends to 1.22 in the short term. ...

BofA Executive’s Job Said Held Up by Deutsche Bank Probe

November 6th, 2014 (0)
Deutsche Bank AG (DBK)’s examination of how employees handled deals with the world’s oldest lender is preventing Michele Foresti from starting his new job at Bank of America Corp. (BAC), according to three people briefed on the matter. Foresti, who ...

Thursday November 6: OSB Daily Technical Analysis – Indices

November 6th, 2014 (0)
OSB Daily Technical Analysis for November 6, 2014 S&P 500 The S&P 500 broke higher on Wednesday testing resistance at 2020 closing neat the daily highs. The index is likely to continue its upward trajectory and any pullbacks will ...

Thursday November 6: OSB Daily Technical Analysis – Commodities

November 6th, 2014 (0)
OSB Daily Technical Analysis for November 6, 2014 Gold sold off and continued its downward trajectory. The break and close below the $1150 mark suggests that gold is head lower in the mid-term with $1100 being a very realistic ...

Thursday November 6: OSB Daily Technical Analysis – Currency pairs

November 6th, 2014 (0)
OSB Daily Technical Analysis for November 6, 2014 EUR/USD The EURUSD closed below the 1.25 handle for the first time. This suggests more downside for the pair. Support below at 124.35-15 which is likely to be tested in the ...

Euro edges higher, stocks sag before ECB meeting

November 6th, 2014 (0)
The euro edged higher and European stocks pulled back on Thursday as investors waited to see how ECB chief Mario Draghi responds to another run of poor euro zone data and reports of disquiet about his leadership style. The ...

Oanda opens San Francisco office

November 6th, 2014 (0)
OANDA, a global provider of forex trading services and investment products, is pleased to announce that it has opened an office in San Francisco, California. New to Silicon Valley geographically, OANDA’s start-up mindset and computer engineering pedigree was introduced ...

Introduction to Trading Systems – Part II

November 6th, 2014 (0)
Introduction to Trading Systems – Part II – Moving Average Crossover System In this article I introduce the moving average which is by far the most popular indicator used by traders to identify trends and develop a simple and ...

Wednesday November 5: OSB Daily Technical Analysis – Indices

November 5th, 2014 (0)
OSB Daily Technical Analysis for November 5, 2014 S&P 500 The S&P 500 sold off on Tuesday dipping below the 2000 mark during intraday trading only to find support at 1995 and climb back above. This correction is perfectly within ...
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