Search Results for: Crude oil prices
Wednesday December 24: OSB Daily Technical Analysis – Commodities
December 29th, 2014
OSB Daily Technical Analysis for December 24, 2014 Gold went back and forth on day without showing much decisiveness for either direction. The close below $1180 suggest short term bias remains on the downside with US$ strength weighing against ...
Tuesday December 23: OSB Daily Technical Analysis – Commodities
December 23rd, 2014
OSB Daily Technical Analysis for December 23, 2014 Gold broke down on Monday breaking below the $1180 support figure with support holding at $1170. Yesterdays action signals Gold is ready to go lower with a possible test of recent ...
Dollar Gains Fifth Day Versus Yen Before GDP as Aussie Weakens
December 23rd, 2014
The dollar rose for a fifth day against the yen before U.S. reports that analysts said will show economic growth was revised higher and durable goods orders increased. A gauge of the greenback climbed to a five-year high after ...
Gold inches higher on weaker dollar
December 22nd, 2014
Gold edged up on Monday on buying interest from Asia and as the dollar retreated, but gains were kept in check by stronger equities that dulled the metal’s safe-haven appeal. Strength in oil prices also supported bullion, but gains ...
Monday December 22: OSB Daily Technical Analysis – Commodities
December 22nd, 2014
OSB Daily Technical Analysis for December 22, 2014 Gold hovered around the $1200 mark on Friday with momentum from previous days rally waning for a continuation rally. Gold still holding firmly in the general vicinity with no new buyers ...
Friday December 19: OSB Daily Technical Analysis – Commodities
December 19th, 2014
OSB Daily Technical Analysis for December 19, 2014 Gold continues to consolidate hovering about the $1200 level. Momentum for either side remains subdued at the moment with little interest both from buyers and sellers. Range bound action likely to ...
Brent steady above 61 dollars
December 18th, 2014
Brent crude held steady above $61 a barrel on Thursday, bringing a sharp drop in prices to a temporary halt as companies are forced to cut upstream investments around the world. Chevron Corp has put a plan to drill ...
Russia’s economic crisis: five key charts
December 18th, 2014
Russia and its president, Vladimir Putin, have been left out in the economic wilderness as sanctions imposed by the west, a tanking oil price, and plunging rouble take their toll. Here are five key charts. Growth in Russia is ...
U.K. regulators hit hurdles on fixing benchmarks
December 18th, 2014
U.K. regulators are expected to report in coming weeks on plans to fix global financial benchmarks. But efforts so far under way are already running into difficulties. Some market participants are worried that a new benchmark silver price isn’t ...
Wednesday December 17: OSB Daily Technical Analysis – Commodities
December 17th, 2014
OSB Daily Technical Analysis for December 17, 2014 Gold broke lower on the open on Tuesday but managed to turn back and rally straight into resistance at the $1225 area. Price action suggests some indecisiveness about further direction but ...
