Search Results for: Crude oil prices
Tuesday October 14: OSB Daily Technical Analysis- Commodities
October 14th, 2014
OSB Daily Technical Analysis for October 14, 2014 Gold Positive day for Gold which managed to climb above the 20 DMA and make a high at $1237. Gold is likely to test $1240 resistance level. A close above this ...
Monday October 13: OSB Daily Technical Analysis- Commodities
October 13th, 2014
OSB Daily Technical Analysis for October 13, 2014 Gold traded in a tight range of Friday managing to find support at the $1220 level which now appears to be a base support area. Bounce poised to continue with a ...
Friday October 10: OSB Daily Technical Analysis- Commodities
October 10th, 2014
OSB Daily Technical Analysis for October 10, 2014 Gold rallied intraday on Thursday and managed to get back above the 20 DMA. The bounce is rather natural following recent test of support below at $1200. Resistance above in the ...
Rouble falls to a new low
October 9th, 2014
The rouble has fallen to a new low against both the dollar and the pound today, as sanctions and falling oil prices continued to hit prospects for Russia’s economy. At pixel time one rouble would have bought you just ...
Thursday October 9: OSB Daily Technical Analysis- Commodities
October 9th, 2014
OSB Daily Technical Analysis for October 9, 2014 Gold bounce back continued on Wednesday with a close above $1220. Momentum build-up suggests a short term target of $1235-$1240 prior to meeting any resistance liable to push price back down. ...
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- Commodities
October 8th, 2014
OSB Daily Technical Analysis for October 8, 2014 Gold managed to edge higher on Tuesday with an attempt to distance itself from key support area at $1200. Resistance at $1220. Gold likely to bounce higher as it looks for ...
Central Asia Rues Dependency On Russian Fuel
October 7th, 2014
Weak links in Russia’s petroleum-refinery network and the Kremlin’s power play in Ukraine are shortchanging Central Asian petrol markets, importers complain. With alternatives expensive or unfeasible, and regional refining capacity severely limited, local energy executives are ruing Moscow’s traditional ...
Tuesday October 7: OSB Daily Technical Analysis- Commodities
October 7th, 2014
OSB Daily Technical Analysis for October 7, 2014 Gold rallied back above $1200 after making a low of 1183 intraday. Significant support appears at the $1190 and at $1200. Pair likely to grind it out at this level. Bearish. ...
Brent falls below $92 on strong dollar, surplus supply
October 6th, 2014
Brent crude futures fell but held above $92 a barrel on Monday, extending this year’s rout that saw the international benchmark hit a 27-month low in the previous session due to a strong US dollar and ample oil supply. ...
