Search Results for: Commodities
Asian shares wobble in early trade, euro sinks
September 1st, 2014
Asian shares edged higher on Monday, with investors wary of a deepening crisis in Ukraine and a downbeat China manufacturing survey, while the euro touched a fresh one-year low ahead of this week’s European Central Bank meeting. “Naturally, developments ...
OSB Daily Technical Analysis – Currency pairs
September 1st, 2014
OSB Daily Technical Analysis for September 1st, 2014 EUR/USD Strong downward pressure for the EUR/USD on Friday closing at the lows of the day and below support of 1.3150. The next support level is at 1.31 which is ...
OSB Daily Technical Analysis
August 29th, 2014
OSB Daily Technical Analysis for August 29, 2014 EUR/USD closed largely unchanged yesterday from the previous days close after testing the 1.32 level in the early session. This suggests some consolidation following the sharp declines since mid-August and seven ...
OSB Daily Technical Analysis
August 28th, 2014
OSB Daily Technical Analysis for August 28, 2014 EUR/USD A positive day for the EURUSD pair following three losing days. This bounce back and correction of recent losses is normal and expected. The overall trend remains bearish. USD/JPY More ...
Asia shares steady as rally fades, euro clings to gains
August 28th, 2014
Asian shares held steady after pulling back from a 6-1/2 year high as the recent rally in risk assets petered out for now, while the euro clung to modest gains after rebounding from 13-month lows. The Australian dollar rose ...
ECB speculation drives down yields, weighs on euro
August 27th, 2014
Euro zone government bond yields plumbed record lows on Wednesday and the euro fell to its weakest in a year against the dollar on expectations the European Central Bank will act soon to counter low growth and slowing inflation. ...
OSB Daily Technical Analysis
August 27th, 2014
OSB Daily Technical Analysis for August 27, 2014 EUR/USD The EURUSD pair remains in bearish territory and looks likely to continue its downward trajectory despite some consolidative action on Tuesday. The bears dominate this market for now. More consolidation ...
Gold at $1275 on Stronger U.S. Dollar
August 26th, 2014
Gold settled near its lowest in two months on Monday, pressured by a stronger U.S. dollar and a rally in global financial markets. U.S. gold futures ended $1.30 lower at $1,278.90 an ounce. Spot gold was down 0.2 percent ...
Gold – $1275 Level Stays True to Form
August 26th, 2014
Gold for Tuesday, August 26, 2014 Over the last week now Gold has been falling lower back towards the medium term support level at $1290 however to finish out last week it fell sharply down to the previous key ...
OSB Daily Technical Analysis
August 26th, 2014
OSB Daily Technical Analysis for August 26, 2014 EUR/USD A gap lower for the EUR/USD following the announcement of ECB intentions to stimulate the economy. Support is at the 52 week low close at 1.3105. A close below this ...