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Monday December 22: OSB Daily Technical Analysis – Commodities
December 22nd, 2014
OSB Daily Technical Analysis for December 22, 2014 Gold hovered around the $1200 mark on Friday with momentum from previous days rally waning for a continuation rally. Gold still holding firmly in the general vicinity with no new buyers ...
Monday December 22: OSB Daily Technical Analysis – Currency pairs
December 22nd, 2014
OSB Daily Technical Analysis for December 22, 2014 EURUSD broke new lows on Friday with bears having a field day in the pair. A break below here extends to a test of the 1.22 handle extends to 1.2165 given ...
Friday December 19: OSB Daily Technical Analysis – Indices
December 19th, 2014
OSB Daily Technical Analysis for December 19, 2014 The S&P 500 pushed higher on the day breaking past resistance at 2020 and clearing the 2050 level with ease. Yesterdays price action suggests that downswing/correction phase likely to be over ...
Friday December 19: OSB Daily Technical Analysis – Commodities
December 19th, 2014
OSB Daily Technical Analysis for December 19, 2014 Gold continues to consolidate hovering about the $1200 level. Momentum for either side remains subdued at the moment with little interest both from buyers and sellers. Range bound action likely to ...
Friday December 19: OSB Daily Technical Analysis – Currency pairs
December 19th, 2014
OSB Daily Technical Analysis for December 19, 2014 Rally and close above the 1.25 handle suggesting pair looking to move higher. Key support levels just above the 1.25 area likely to be tested with some pull back expected. If ...
Thursday December 18: OSB Daily Technical Analysis – Indices
December 18th, 2014
OSB Daily Technical Analysis for December 18, 2014 The S&P broke higher on Wednesday pushing towards the 2020 handle resistance which is still a push from here. The S&P correction likely bottomed for now with possible change in sentiment ...
Thursday December 18: OSB Daily Technical Analysis – Commodities
December 18th, 2014
OSB Daily Technical Analysis for December 18, 2014 Failure to sustain upside momentum and resistance at the key $1200 area. Formation of shooting star candle suggests some indecisiveness. Likely to retest resistance above. Failure of a clean break out ...
Thursday December 18: OSB Daily Technical Analysis – Currency pairs
December 18th, 2014
OSB Daily Technical Analysis for December 18, 2014 Attempts to close above the 20 DMA failed. Pair looking to bounce higher. Further consolidation and retesting of 1.25 area. A close above extends to 1.2635. Selling pressure continues to push ...
Wednesday December 17: OSB Daily Technical Analysis – Indices
December 17th, 2014
OSB Daily Technical Analysis for December 17, 2014 The S&P 500 rallied in the early session but found resistance in the 2020 area which put the bears back in action to push the index back below the 2000 mark. ...
Wednesday December 17: OSB Daily Technical Analysis – Commodities
December 17th, 2014
OSB Daily Technical Analysis for December 17, 2014 Gold broke lower on the open on Tuesday but managed to turn back and rally straight into resistance at the $1225 area. Price action suggests some indecisiveness about further direction but ...
