Search Results for: Crude oil prices
Wednesday November 19: OSB Daily Technical Analysis – Commodities
November 19th, 2014
OSB Daily Technical Analysis for November 19, 2014 Gold rallied breaking through the $1200 barrier where strong resistance pushed price back down. Resistance at this level significant with Gold likely to retest area. A close above extends to $1215. ...
Japanese shares lose steam, Asian shares slip
November 19th, 2014
Japanese shares gave up early gains on Wednesday as investors booked profits after Prime Minister Shinzo Abe delayed a tax hike and said he would call a snap election to seek a fresh mandate for his economic policies. Asian ...
Tuesday November 18: OSB Daily Technical Analysis – Commodities
November 18th, 2014
OSB Daily Technical Analysis for November 18, 2014 Failure to sustain upside momentum and resistance at the key $1200 area. Formation of shooting star candle suggests some indecisiveness. Likely to retest resistance above. Failure of a clean break out ...
Ruble Recovers Slightly as Exporters Sell U.S. Dollars for Tax Payments
November 18th, 2014
The ruble strengthened on Tuesday as Russian exporters converted part of their foreign-currency earnings to meet tax payments, but weak oil prices capped gains. At 0830 GMT, the ruble was around 0.8 percent stronger against the dollar at 46.72 ...
Technical Analysis: Commodities – Nov 18
November 18th, 2014
Technical Analysis for November 18, 2014 XAU/USD (GOLD) stucked in 1175- 1195 trading range and still moving sideways for now. A higher break to 1200 level will target 1205 next and bring the trend to a bull trend. A lower ...
Monday November 17: OSB Daily Technical Analysis – Commodities
November 17th, 2014
OSB Daily Technical Analysis for November 17, 2014 Gold rallied significantly on Friday with sign that the precious metal is attempting to reach out to the $1200 handle. Resistance in this area is significant and likely to cause bears ...
Technical Analysis: Commodities – Nov 17
November 17th, 2014
Technical Analysis for November 17, 2014 XAU/USD (GOLD) has shown a higher leg to break 1185 line and it will target 1200 next. Although the market’s trend is quite strong, a high reversal for another lower leg is very likely ...
Friday November 14: OSB Daily Technical Analysis – Commodities
November 14th, 2014
OSB Daily Technical Analysis for November 14, 2014 Gold seen testing support at the $1150 area on Thursday. Bears in full control of this market and likely to push this market lower. A break of support and close below ...
Technical Analysis: Commodities – Nov 14
November 14th, 2014
Technical Analysis for November 14, 2014 XAU/USD (GOLD) has been trading around 1130 – 1180 level and market will stay sideways. No major changes are expected in short term and long term downtrend still intact in XAU/USD chart. A higher ...
Thursday November 13: OSB Daily Technical Analysis – Commodities
November 13th, 2014
OSB Daily Technical Analysis for November 13, 2014 Gold tried to rally on Wednesday but found resistance at the $1170 area too strong. Gold is likely to consolidate in this region and build a base at the $1150 area ...
