Search Results for: Crude oil prices
Technical Analysis : Commodities – Nov 13
November 13th, 2014
Technical Analysis for November 13, 2014 XAU/USD (GOLD) XAU/USD has been trading around 1130 – 1180 level. No major changes are expected in short term and long term downtrend still intact in XAU/USD chart. A higher leg above 1185 ...
Technical Analysis: Currency pairs – Nov 13
November 13th, 2014
Technical Analysis for November 13, 2014 EUR/USD The last movement from the market was holding the price around 1.242, Currently EUR/USD still moving sideways at 1.24 – 1.25 level. The last movement from the market can’t break 1.251 resistance ...
OPEC’s Colluders Are in a No-Win Situation
November 12th, 2014
Economists will tell you that cartels are hard to keep alive. They work when everyone in the cartel holds down production to keep the price artificially high (and punish customers). But there’s a huge incentive to exceed one’s quota. ...
Wednesday November 12: OSB Daily Technical Analysis – Commodities
November 12th, 2014
OSB Daily Technical Analysis for November 12, 2014 Gold tried to rally on Tuesday after finding support at the $1145 area. Gold is looking to build a base in this area as it tries to bounce higher. Resistance above ...
Tuesday November 11: OSB Daily Technical Analysis – Commodities
November 11th, 2014
OSB Daily Technical Analysis for November 11, 2014 Gold sold off on Monday after opening slightly lower from the previous close. Gold is currently supported in the $1140-50 area and is likely to continue testing for support here. A ...
China deal sends shares to one-month high, rouble surges
November 10th, 2014
A landmark deal to give global investors easier access to China’s $3.9 trillion stock market helped lift world shares to their highest in over a month on Monday, as renewed tensions in Libya and Ukraine pushed up oil prices. ...
Monday November 10: OSB Daily Technical Analysis – Commodities
November 10th, 2014
OSB Daily Technical Analysis for November 10, 2014 Gold rallied on Friday making a decisive push towards the $1180 mark after making a new intraday day low at $1130. Gold is likely to test the $1200 area as part ...
Friday November 7: OSB Daily Technical Analysis – Commodities
November 7th, 2014
OSB Daily Technical Analysis for November 7, 2014 Gold managed to halt its downswing on Thursday with a brief attempt to climb higher testing resistance at the $1150 area. Gold appears to be supported at the $1140 area and ...
Asian shares slump, euro wallows near lows
November 7th, 2014
Asian shares edged down on Friday ahead of U.S. employment data later in the session, while the euro wallowed around two-year lows after European Central Bank President Mario Draghi vowed to take more easing steps to spark growth in ...
Thursday November 6: OSB Daily Technical Analysis – Commodities
November 6th, 2014
OSB Daily Technical Analysis for November 6, 2014 Gold sold off and continued its downward trajectory. The break and close below the $1150 mark suggests that gold is head lower in the mid-term with $1100 being a very realistic ...
