Search Results for: BP
Thursday December 11: OSB Daily Technical Analysis – Currency pairs
December 11th, 2014
OSB Daily Technical Analysis for December 11, 2014 EURUSD cleared the 20 DMA closing at the peak of the day suggesting further upside. Overhead resistance at 1.2450-75. Clearing this extends to a test of the 1.25 handle. Support beneath ...
Technical Analysis: Currency pairs – Dec 11
December 11th, 2014
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 ...
Wednesday December 10: OSB Daily Technical Analysis – Currency pairs
December 10th, 2014
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: Currency pairs – Dec 10
December 10th, 2014
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 ...
Tuesday December 9: OSB Daily Technical Analysis – Currency pairs
December 9th, 2014
OSB Daily Technical Analysis for December 9, 2014 EURUSD sell off found support at new low of 1.2247 prior to bouncing back up above the 1.23 handle to finish the day on a positive note. Resistance at the 1.2360-1.2400. ...
Crude Oil’s Fall Pressures Energy Megaprojects
December 9th, 2014
Energy development projects that looked great earlier this year are looking less so now. Tumbling oil prices hit a fresh five-year low on Monday, pressuring some of the world’s biggest energy companies to reconsider multibillion-dollar expenditures. The biggest worries: ...
Technical Analysis: Currency pairs – Dec 09
December 9th, 2014
Technical Analysis for December 09, 2014 EUR/USD bounces from the last low at 1.225 level and traded around 1.231 level for now. The next target for the lower break will be 1.2 but after retesting 1.225 again first. A ...
Monday December 8: OSB Daily Technical Analysis – Currency pairs
December 8th, 2014
OSB Daily Technical Analysis for December 8, 2014 EURUSD closed below the 1.23 handle for the first time since August 2012 on Friday. Downside support extends at 1.2230-50 area although a bounce back above into 1.2350 resistance area likely. ...
Commodity Benchmarks Seen Open to Manipulation, Law Firm Says
December 8th, 2014
Almost two-thirds of commodity market participants say that benchmarks used to set the price of everything from crude oil to ethanol to zinc are vulnerable to manipulation, according to a new study. The report, to be published today by ...
How Did Germany Limit Unemployment in the Recession?
December 8th, 2014
Here’s a puzzle: During the Great Recession, the total contraction in economic output was noticeably larger in Germany than in the United States, but the rise in the unemployment rate was noticeably higher in the United States than in ...
