Search Results for: Crude prices
Monday December 1: OSB Daily Technical Analysis – Commodities
December 1st, 2014
OSB Daily Technical Analysis for December 1, 2014 Gold broke down on Friday finding support in the $1165 area. Gold market is currently very noisy and volatile taking into consideration the Swiss referendum and the US$ strength. Market likely ...
Commodities Retreat to Five-Year Low as Oil Tumbles With Bullion
December 1st, 2014
Commodities fell to the lowest in five years as oil sank on prospects for a glut, gold fell after Swiss voters rejected a move to force the central bank to buy bullion and data from China confirmed a slowdown ...
Technical Analysis: Commodities – Dec 01
December 1st, 2014
Technical Analysis for December 01, 2014 XAU/USD moves lower under 1175 and targeting 1150. A lower attempt under 1130 will target 1100 back but currently market shows a very high risk for reversal as well. A higher movement to ...
Friday November 28: OSB Daily Technical Analysis – Commodities
November 28th, 2014
OSB Daily Technical Analysis for November 28, 2014 Light trading session on the day with Gold closing slightly lower on the day breaking below the $1190 handle on the day. Gold looks ready to go lower and is likely ...
OPEC inaction halts Europe rally; dollar firms
November 28th, 2014
Oil prices extended their recent slide on Friday, sending related shares and currencies lower, after OPEC decided to refrain from cutting output despite a supply glut. Brent crude LCOc1 touched a low of $71.12 a barrel after settling at ...
Technical Analysis: Commodities – Nov 28
November 28th, 2014
Technical Analysis for November 28, 2014 XAU/USD (GOLD) trying to move lower slowly after getting a price stability around 1199 level. Currently XAU/USD is trading around 1190 level and a lower target to 1175 will target 1150 next. A ...
China’s Stocks Head for Biggest Weekly Gain in Three Years
November 28th, 2014
China’s benchmark stock index headed for its biggest weekly advance in three years on optimism a slide in oil prices will reduce costs for transport companies and the central bank may continue to loosen monetary policy. China Everbright Bank ...
Thursday November 27: OSB Daily Technical Analysis – Commodities
November 27th, 2014
OSB Daily Technical Analysis for November 27, 2014 Tight trading range for Gold on Wednesday which continues to consolidate and bounce around in the $1200 area. Pair likely to remain in the $1210-$1190 band for now. Neutral session for ...
Asia shares edge higher, oil tumbles to four-year low
November 27th, 2014
Asian stocks hit a one-month high on Thursday as investors bet that more central bank stimulus in China and Europe would shore up the global economy, while oil prices tumbled to a four-year low as hopes for output cuts by ...
Technical Analysis: Commodities – Nov 27
November 27th, 2014
Technical Analysis for November 27, 2014 XAU/USD (GOLD) slowly climbing and trading 1197 level now. Over all, XAU/USD still trapped in the last trading range around 1180-1205 level. Although the next target for the higher level is 1240, a ...
