Search Results for: Crude oil
Tuesday December 9: OSB Daily Technical Analysis – Commodities
December 9th, 2014
OSB Daily Technical Analysis for December 9, 2014 Positive day for gold which managed to back above the 20 DMA and push over the $1200 hurdle. Despite upswing gold failed to remain above on the close suggesting that area ...
SNB Threatening Negative Rate Awaits Draghi’s Next Move
December 9th, 2014
Swiss National Bank officials have their eyes on one man: Mario Draghi. The prospect of the European Central Bank intensifying stimulus by purchasing government bonds has weakened the euro, pushing the franc to within 0.2 percent of the SNB’s ...
Technical Analysis: Commodities – Dec 09
December 9th, 2014
Technical Analysis for December 09, 2014 XAU/USD Reversed from the last lower breaks and traded at 1200 level. A reversal once more again will target 1185 short term and a higher movement to 1210 will target 1225 short term. ...
Asia stocks dip, somber data offsets strong U.S. job numbers
December 8th, 2014
Asian shares were mostly lower on Monday after sobering data highlighted the sluggishness of the region’s key economies and tempered the lift from much stronger-than-expected U.S. employment numbers. Spreadbetters expected a subdued start for European stocks, forecasting Britain’s FTSE .FTSE, Germany’s ...
Monday December 8: OSB Daily Technical Analysis – Commodities
December 8th, 2014
OSB Daily Technical Analysis for December 8, 2014 Gold sold off yet again on Friday breaking below the $1200 level and the 20 and 50 DMA’s. The area remains volatile with gold likely to trade in the general vicinity ...
Commodity Benchmarks Seen Open to Manipulation, Law Firm Says
December 8th, 2014
Almost two-thirds of commodity market participants say that benchmarks used to set the price of everything from crude oil to ethanol to zinc are vulnerable to manipulation, according to a new study. The report, to be published today by ...
Technical Analysis: Commodities – Dec 08
December 8th, 2014
Technical Analysis for December 08, 2014 XAU/USD breaks lower under 1200 to 1190 level for now. Another lower break might retouch 1175 level. A lower movement under 1175 will target last low around 1145 level once again and a ...
Black Swans and Crowded Trades
December 5th, 2014
There’s definitely something strange going on in the equity markets at the moment and it surely looks weird. Am I seeing things? The primal emotion of fear certainly does not appear on many traders and fund managers radar ...
Technical Analysis: Commodities – Dec 05
December 5th, 2014
Technical Analysis for December 05, 2014 XAU/USD enters a new sideways around 1200 – 1220 level for now. A lower movement under 1175 will target last low around 1145 level once again and a higher movement will target 1250 ...
Dollar Gains a 7th Week Before Jobs; Yen Drop Spurs Bankruptcies
December 5th, 2014
The dollar headed for a seventh weekly gain, after rising above 120 yen yesterday for the first time since July 2007, as economists predicted U.S. job growth quickened while Japan is in recession and Europe struggles. The U.S. currency has gained ...
