Search Results for: Commodities
Thursday December 4: OSB Daily Technical Analysis – Currency pairs
December 4th, 2014
OSB Daily Technical Analysis for December 4, 2014 EURUSD smashed down to 1.2320 in the early session spending the rest of the day going downwards from there. New low at 1.2301 appears well supported for now with the market ...
Wednesday December 3: OSB Daily Technical Analysis – Currency pairs
December 3rd, 2014
OSB Daily Technical Analysis for December 3, 2014 EURUSD failed to hold above the 1.2400 handle and is likely to retest recent lows at 1.2360. A break below see decline further into the 1.2300 level. Any potential upside is ...
Australia probes bitcoin crime links as currency craves legitimacy
December 3rd, 2014
A top Australian law enforcement agency is investigating bitcoin’s role in organized crime, a senior official said, just as politicians and financial regulators embrace the digital currency as a legitimate part of modern business. The investigation into bitcoin’s crime ...
Tuesday December 2: OSB Daily Technical Analysis – Currency pairs
December 2nd, 2014
OSB Daily Technical Analysis for December 2, 2014 EURUSD lacked real conviction and direction managing to hold above the 1.24 level and keeping away from the1.2360 lows for now. Ranging price action likely for now. A bounce from yesterdays ...
Hedge Funds Are Closing Like It’s 2009
December 2nd, 2014
This year could be the worst for hedge fund closures since the financial crisis, Bloomberg reported. In first half of the year, 461 funds shut their doors, the report said, citing research from Hedge Fund Research Inc. If liquidations ...
Monday December 1: OSB Daily Technical Analysis – Currency pairs
December 1st, 2014
OSB Daily Technical Analysis for December 1, 2014 Market finding the 1.25 handle too resistive suggesting weakness and lack of bullish momentum. A clean close above needed for the pair to have any hope of seeing any buying interest ...
Friday November 28: OSB Daily Technical Analysis – Currency pairs
November 28th, 2014
OSB Daily Technical Analysis for November 28, 2014 Strong resistance in the 1.2520 area pushed EURUSD lower on the day. Limited upside potential for the pair which is rather berish on all time frames. Range bound action with a ...
Goldman, BASF, HSBC accused of metals price fixing: U.S. lawsuit
November 28th, 2014
Goldman Sachs Group Inc (GS.N), Germany’s BASF(BASFn.DE) and two other big platinum and palladium dealers have been sued in the United States in what the plaintiff’s law firm called the first nationwide class action over alleged price-fixing of the metals. In a ...
Citi Sees Gold as Bitcoin Says Swiss Vote Makes No Sense
November 27th, 2014
The initiative requiring the Swiss National Bank to hold a fixed portion of its assets in gold makes no sense, according to Citigroup Inc., which said the metal was the equivalent of the virtual currency bitcoin. “There is no economic or ...
Thursday November 27: OSB Daily Technical Analysis – Currency pairs
November 27th, 2014
OSB Daily Technical Analysis for November 27, 2014 EURUSD edged higher after making a brief dip below the 1.25 handle. Market appears to be looking for a further push higher with next resistance in the 1.2555-95 area. Support below ...
