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Wednesday October 29: OSB Daily Technical Analysis- Currency pairs

October 29th, 2014 (0)
OSB Daily Technical Analysis for October 29, 2014 EUR/USD rallied above the 20 DMA on Tuesday finding resistance at 1.2760. Additional resistance above at 1.2780-1.2800. A close above extends to top of recent range at 1.2835-40. Support at 1.2680-90. ...

Japan Factory Output Enjoys Fastest Pace in Eight Months

October 29th, 2014 (0)
Japan’s industrial production rose at its fastest pace since the beginning of the year in September, data showed on Wednesday. Industrial production rose 2.7 percent on month, above expectations for a 2.2 percent rise and up from a 1.9 ...

Tuesday October 28: OSB Daily Technical Analysis- Indices

October 28th, 2014 (0)
OSB Daily Technical Analysis for October 28, 2014 S&P 500 The S&P 500 sold off during the early session dipping below 1950 support and testing the 50 DMA only to recover and close slightly lower than the previous session. ...

Tuesday October 28: OSB Daily Technical Analysis- Currency pairs

October 28th, 2014 (0)
OSB Daily Technical Analysis for October 28, 2014 EUR/USD Positive start to the week for the EURUSD which is finding strong resistance in the 1.2725-50. Recent action suggests the pair is looking to swing higher with a possible test ...

2 Drug Chains Disable Apple Pay, as a Rival Makes Plans

October 27th, 2014 (0)
A consortium of merchants plans to introduce a payment system next year that will supplant the use of credit and debit cards. Apple Pay, the Silicon Valley giant’s highly anticipated mobile wallet, has been available for only one week ...

Monday October 27: OSB Daily Technical Analysis- Indices

October 27th, 2014 (0)
OSB Daily Technical Analysis for October 27, 2014 S&P 500 rallied above the 1950 level on Friday closing at the high of the day suggesting that the bull run is intact and higher prices are imminent. Resistance at 1975 ...

Friday October 24: OSB Daily Technical Analysis- Indices

October 24th, 2014 (0)
OSB Daily Technical Analysis for October 24, 2014 S&P 500 Strong up swing for the S&P 500 which managed to climb above the 50 DMA and test resistance at 1950. Bullish momentum continues to pick up in the S&P ...

Friday October 24: OSB Daily Technical Analysis- Currency pairs

October 24th, 2014 (0)
OSB Daily Technical Analysis for October 24, 2014 EUR/USD closed essentially unchanged on Thursday forming a hammer. This market does not currently have the strength to push higher. Resistance at 1.28 is strong and any push above is likely ...

Asian Equities Lower on Growth Woes

October 23rd, 2014 (0)
European and Asian stock markets ground lower on Thursday, worries over banks and corporate results again darkening the mood despite a surprisingly upbeat survey of Germany’s manufacturing and service sectors. U.S. stocks were on course to open a touch ...

Thursday October 23: OSB Daily Technical Analysis- Currency pairs

October 23rd, 2014 (0)
OSB Daily Technical Analysis for October 23, 2014 EUR/USD sold off closing below the 1.2650 support area suggesting further downside and a test of the 1.26 handle. A close below extends to bottom of the current range at in ...
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