Search Results for: Crude prices
OPEC’s Easy Days Setting Oil Production Are Over, Veteran Says; You Need Russia, Norway, Mexico
November 24th, 2014
The days when OPEC members could all but guarantee consensus when deciding production levels for oil are long gone, according to a veteran of almost two decades of the group’s meetings. The global glut of crude, which has contributed ...
Technical Analysis: Commodities– Nov 24
November 24th, 2014
Technical Analysis for November 24, 2014 XAU/USD (GOLD) has broken 1205 line and will start to target 1240 next. A lower leg under 1175 will target 1150 next. No trend has been formed so far for the long term but ...
Goldman Sachs’s Top Trades for 2015
November 21st, 2014
The release of Goldman Sachs GS +0.30%’ top trade ideas for the year ahead is an annual staple. Whether you think these are power trades or not, the time has come for this year’s release. Last year, of the six it suggested, ...
Technical Analysis: Commodities– Nov 21
November 21st, 2014
Technical Analysis for November 21, 2014 XAU/USD (GOLD) has been moving around 1180 – 1200 level and made no new attempts at all. A break over 1205 will target 1240 next and a lower leg under 1175 will target ...
Friday November 21: OSB Daily Technical Analysis – Commodities
November 21st, 2014
OSB Daily Technical Analysis for November 21, 2014 Gold declined in the early session only to bounce back and make a push for the $1200 mark only to fall short by a few points. Gold appears to ready to ...
Thursday November 20: OSB Daily Technical Analysis – Commodities
November 20th, 2014
OSB Daily Technical Analysis for November 20, 2014 Gold sold off after a brief run up above $1200 in the early session and ended the day below the 20 DMA. Support at the $1175 area remains strong however bearish ...
Technical Analysis: Commodities– Nov 20
November 20th, 2014
Technical Analysis for November 20, 2014 XAU/USD (GOLD) has been moving around 1188 – 1200 level and made no new attempts at all. A break over 1205 will target 1240 next and a lower leg under 1175 will target ...
Dollar Climbs With European Stocks as Treasuries Decline
November 19th, 2014
The dollar strengthened to a seven-year high against the yen before the Federal Reserve releases minutes of its last meeting, when it ended a bond-buying program. Treasuries and German bunds declined while stocks rose in Europe and the pound gained. The U.S. currency ...
Wednesday November 19: OSB Daily Technical Analysis – Commodities
November 19th, 2014
OSB Daily Technical Analysis for November 19, 2014 Gold rallied breaking through the $1200 barrier where strong resistance pushed price back down. Resistance at this level significant with Gold likely to retest area. A close above extends to $1215. ...
Japanese shares lose steam, Asian shares slip
November 19th, 2014
Japanese shares gave up early gains on Wednesday as investors booked profits after Prime Minister Shinzo Abe delayed a tax hike and said he would call a snap election to seek a fresh mandate for his economic policies. Asian ...