Search Results for: Commodities
Grandfathers with a future
October 15th, 2014
Diversification has proven to be, over time, the most successful investment strategy. For this purpose, the best tool that can someone use to achieve diversification is nowadays, ETFs. What are ETFs ETFs or Exchange Traded Funds are similar to ...
Tuesday October 14: OSB Daily Technical Analysis- Currency pairs
October 14th, 2014
OSB Daily Technical Analysis for October 14, 2014 EUR/USD rally to 1.2760 resistance level and close just below the 20 DMA. Further resistance above at 1.2775. A close above this level extends to the 1.2825 area. Bearish consolidation with ...
Gold – Eyes on Previous Key $1240 Level
October 14th, 2014
Gold for Tuesday, October 14, 2014 For the last few weeks Gold has enjoyed solid support at $1215 after falling strongly a couple of weeks ago from $1240 to just below $1215, however a couple of weeks ago it ...
Stocks, oil flounder on growth anxiety, China data little help
October 13th, 2014
Asian stocks stumbled to seven-month lows on Monday, while crude oil prices were pinned near a four-year trough as promising trade numbers out of China failed to cheer a market still worried about faltering global growth. “European equities look ...
Monday October 13: OSB Daily Technical Analysis- Currency pairs
October 13th, 2014
OSB Daily Technical Analysis for October 13, 2014 EUR/USD decline and test of support at 1.26 handle on Friday with a failure to remain above resistance at 1.2680-90. Pair remains weak and in bearish mode. Retest of 1.25 handle ...
Friday October 10: OSB Daily Technical Analysis- Currency pairs
October 10th, 2014
OSB Daily Technical Analysis for October 10, 2014 EUR/USD rally faltered and failed to remain above the 20 DMA finding the 1.28 resistance too strong. The sell off and subsequent low suggest that the pair remains very much in ...
Thursday October 9: OSB Daily Technical Analysis- Currency pairs
October 9th, 2014
OSB Daily Technical Analysis for October 9, 2014 EUR/USD rebound in full swing heading for resistance and 20 DMA at 1.2770 area. Further resistance above at 1.28. A close back below 1.27 puts the pair back in line with ...
Where Next? A peek through the Macro Lens
October 9th, 2014
Financial markets have been on a heady ride since the financial crisis began in 2008. It looks like we are now at a very critical juncture which will define how things play out over the next 18-24 months. There ...
Wednesday October 8: OSB Daily Technical Analysis- Currency pairs
October 8th, 2014
OSB Daily Technical Analysis for October 8, 2014 EUR/USD Positive day for the EURUSD after finding support at 1.2580 handle. Resistance above at 1.2690-1.2700. A break above might extend to upswing to test 1.28 handle. Bearish bias. EUR/GBP declined ...
Rio turned down Glencore merger idea
October 7th, 2014
Rio Tinto said Glencore put forward the idea of a potential merger of the two companies to create the world’s largest miner and commodities trader, before Rio’s board rejected the idea. Glencore approached Rio in July regarding a potential ...
