Search Results for: Crude oil
The Opportunity in Weak Commodity Prices
October 31st, 2014
Commodity markets – especially for crude oil — continue to face headwinds from excess supply and uncertainties about divergent monetary policies. But nascent positive trends give commodity markets a more balanced outlook, in our view. Looking into the end ...
Friday October 31: OSB Daily Technical Analysis- Commodities
October 31st, 2014
OSB Daily Technical Analysis for October 31, 2014 Gold sold off on Thursday closing below $1200 after its failure to rally back above $1220 during intraday trading. Gold is now looking very bearish and likely to make new lows. ...
Thursday October 30: OSB Daily Technical Analysis- Commodities
October 30th, 2014
OSB Daily Technical Analysis for October 30, 2014 Gold sold off on Wednesday breaking below the key $1220 support and finding support in the $1210 area. Yesterday price action suggests downside momentum on the rise and a likely test ...
Wednesday October 29: OSB Daily Technical Analysis- Commodities
October 29th, 2014
OSB Daily Technical Analysis for October 29, 2014 Gold Positive close for gold which briefly flirted with $1220 support during intraday trading. Gold looks well supported in this area and is likely to bounce around in the $1220-$1235 region ...
Tuesday October 28: OSB Daily Technical Analysis- Commodities
October 28th, 2014
OSB Daily Technical Analysis for October 28, 2014 Gold sold off on Monday but managed to remain above the key $1220 mark. The metal is at a key juncture and possible close below indicates where Gold might be heading ...
Monday October 27: OSB Daily Technical Analysis- Commodities
October 27th, 2014
OSB Daily Technical Analysis for October 27, 2014 Gold closed essentially unchanged on Friday hovering around the $1230 level throughout the trading session. Market remains bearish and close in the $1220-25 region suggests Gold is likely to retest the ...
Gas prices drop 18 cents in 2 weeks
October 27th, 2014
Price to fill up the tank has dropped 65 cents a gallon since May and is 29 cents cheaper than a year ago. A national survey of gas prices reports that the average cost of U.S. regular grade gas ...
Friday October 24: OSB Daily Technical Analysis- Commodities
October 24th, 2014
OSB Daily Technical Analysis for October 24, 2014 Gold sold off after attempting to rally above the $1250 mark which proved too resistive for now. The sell-off brings gold to the $1225-30 area which is somewhat supportive for now. ...
Thursday October 23: OSB Daily Technical Analysis- Commodities
October 23rd, 2014
OSB Daily Technical Analysis for October 23, 2014 Gold A negative day for gold which is finding resistance at $1250 too strong to climb over for now. The close above $1240 suggests some consolidation and building up of strength ...
Wednesday October 22: OSB Daily Technical Analysis- Commodities
October 22nd, 2014
OSB Daily Technical Analysis for October 22, 2014 Gold managed to break above the key $1250 resistance area only to close just below for the day. A close above this level is bullish for gold. Support below at $1240-45. ...
