Search Results for: Crude prices
OSB Daily Technical Analysis – Commodities
September 12th, 2014
OSB Daily Technical Analysis for September 12, 2014 Gold closed at $1239 and opened the way for a further downswing. Some consolidation likely, support at $1227. $1200 is looking realistic following recent action. Bearish. Silver close below $18.80 is ...
Rupee recovers from initial losses, up 2 paise to 60.91 against dollar
September 12th, 2014
The rupee pared its initial losses to recover by two paise to 60.91 per dollar in late morning deals today following bouts of selling of the greenback by banks and exporters. The domestic unit resumed lower at 60.97 per ...
OSB Daily Technical Analysis – Commodities
September 11th, 2014
OSB Daily Technical Analysis for September 11, 2014 Gold Another down day for Dec 14 Gold with a close above $1245. Gold is now at the bottom of its recent trading range and is likely to bounce around in ...
Brent Oil Below $100 as Ample Supplies Weigh
September 10th, 2014
Brent crude oil prices fell below $100 per barrel in volatile trade on Tuesday, a fourth straight daily decline as ample supplies weighed, while U.S. crude rose on the expectation of dwindling fuel stockpiles. Prices were not far above ...
OSB Daily Technical Analysis – Commodities
September 10th, 2014
OSB Daily Technical Analysis for September 10, 2014 Gold had another decline closing near the lows of the day and below the coveted $1250 level. This is bearish for Gold and we are likely heading to the $1240 area ...
Brent Oil Drops Below $100 after Chinese Data
September 9th, 2014
Oil tumbled by $1 on Monday, with Brent sliding below $100 a barrel for the first time in more than a year and West Texas Intermediate tumbling to near its lowest of 2014, as Chinese and U.S. data pointed ...
OSB Daily Technical Analysis – Commodities
September 9th, 2014
OSB Daily Technical Analysis for September 9, 2014 Gold Sellers dominated trading in Gold on Monday with the December 14 contract closing at 1254.30. The next support is at the 1250 level which is somewhat significant. Recent weakness suggests ...
West TX Oil Below $94 as Market Awaits Chinese Data
September 8th, 2014
Brent crude fell on Monday for a third day of losses even though Chinese trade data showed both better-than-expected exports and weak imports that might prompt help for the economy, but it remained below $101 a barrel after poor ...
Asian shares tentative, sterling plunges
September 8th, 2014
Sterling declined on Monday and British shares look set to underperform their peers in Europe after a poll found rising support for Scottish independence. European shares are expected to enjoy a firm tone on the whole, following gains on ...
OSB Daily Technical Analysis – Commodities
September 8th, 2014
OSB Daily Technical Analysis for September 8, 2014 Gold The December 2014 Gold contract continued trading within its range on Friday with a brief drop below the $1260 handle closing at $1267.30. Bearish with very little going on in ...