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Technical Analysis: Commodities – Dec 11

December 11th, 2014 (0)
Technical Analysis for December 11, 2014 XAU/USD trapped in a new trading range around 1225 – 1235 for now and made no attempt to break out from this level. Next break higher will target 1250 slowly and next lower ...

Yen Drops First Time in Four Days Before Elections as Won Gains

December 11th, 2014 (0)
The yen fell for the first time in four days on speculation Prime Minister Shinzo Abe’s Liberal Democratic Party will win an election this weekend and extend measures that have weakened the currency. The yen dropped versus all of its 16 ...

Technical Analysis: Currency pairs – Dec 11

December 11th, 2014 (0)
Technical Analysis for December 11, 2014 EUR/USD keeps moving higher threatening the bear trend. Currently EUR/USD traded around 1.249 level and keeps moving higher. A break of 1.25 will eventually target 1.26 next and a down movement to 1.245 ...

Supervisory Authorities issued warnings on unauthorised companies

December 10th, 2014 (0)
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Ireland (Central Bank of Ireland), and Luxembourg (Commission de Surveillance du Secteur Financier – CSSF), report the following companies offering investment services without the required authorisation. Ingledew Trading ...

The Quindell share price fiasco should not dent faith in the robust Aim market

December 10th, 2014 (0)
The AIM market, the London Stock Exchange’s junior market, has been subjected to an unprecedented level of criticism over recent weeks. The fiasco at Quindell, which saw another twist this week, as the company called in PwC to review ...

Wednesday December 10: OSB Daily Technical Analysis – Currency pairs

December 10th, 2014 (0)
OSB Daily Technical Analysis for December 10, 2014 EURUSD broke sharply higher the early session managing an intraday high in the 1.2450 area. Pair needs to close above 1.24 handle with conviction to sustain up move. Resistance above at ...

Technical Analysis: Indices – Dec 10

December 10th, 2014 (0)
Technical Analysis for December 10, 2014 SPX reached the last lower target at 2040 level but back to 2060 level for now. A higher break to 2080 will target 2100 again. And the next lower movement will try to ...

Technical Analysis: Commodities – Dec 10

December 10th, 2014 (0)
Technical Analysis for December 10, 2014 XAU/USD reaches the last target at 1225 and keeps grinding higher from the last sudden higher break. Next target for higher movement will be 1250 and a reversal under 1200 will enter sideways ...

Technical Analysis: Currency pairs – Dec 10

December 10th, 2014 (0)
Technical Analysis for December 10, 2014 EUR/USD erases the entire last bear move in the market and traded back to 1.24475 before retracing back to 1.239 level. A big correction like this will only disturb the market and currently ...

Congress reaches deal for $1.1 trillion U.S. spending bill

December 10th, 2014 (0)
Congressional negotiators unveiled a $1.1 trillion U.S. spending bill that aims to avoid a government shutdown at midnight on Thursday and punts an immigration showdown between Republicans and President Barack Obama until February. As the funding deadline loomed, Republicans successfully negotiated ...
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