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U.S. Shares Rise With Dollar as Oil Surges Amid Data

December 3rd, 2014 (0)
U.S. stocks rose toward records, as energy shares rallied with the price of crude and investors weighed data on hiring and the services sector. European equities climbed and the dollar gained on speculation the region’s central bank will add ...

Wednesday December 3: OSB Daily Technical Analysis – Indices

December 3rd, 2014 (0)
OSB Daily Technical Analysis for December 3, 2014 S&P rallied briefly heading towards recent highs which are proving resistive at the moment. A break above 2070 extends through to new highs in the short term. Downside pressure contained for ...

Wednesday December 3: OSB Daily Technical Analysis – Commodities

December 3rd, 2014 (0)
OSB Daily Technical Analysis for December 3, 2014 Gold gave away some of Mondays gains closing just beneath the $1200 mark. Support in the $1185-$1190 area for now likely to prop up price at this level as we see ...

Wednesday December 3: OSB Daily Technical Analysis – Currency pairs

December 3rd, 2014 (0)
OSB Daily Technical Analysis for December 3, 2014 EURUSD failed to hold above the 1.2400 handle and is likely to retest recent lows at 1.2360. A break below see decline further into the 1.2300 level. Any potential upside is ...

Technical Analysis: Commodities – Dec 03

December 3rd, 2014 (0)
Technical Analysis for December 03, 2014 XAU/USD retraced a bit movement lower from the huge reversal yesterday. Currently XAU/USD trading around 1200 level and keeps grinding lower. A lower movement under 1175 will target last low around 1145 level ...

Technical Analysis: Currency pairs – Dec 03

December 3rd, 2014 (0)
Technical Analysis for December 03, 2014 EUR/USD pushes the price for another low under 1.24. Next target will be 1.235 and if it breaks this level it will target 1.225 next. A push higher than 1.24 will bring back ...

Tuesday December 2: OSB Daily Technical Analysis – Commodities

December 2nd, 2014 (0)
OSB Daily Technical Analysis for December 2, 2014 Highly volatile trading session for Gold which had a $79.00 swing intraday on Monday. Gold appears well supported in the $1140-50 area for now and does not appear ready to go ...

Technical Analysis: Commodities – Dec 02

December 2nd, 2014 (0)
Technical Analysis for December 02, 2014 XAU/USD makes a big reversal and moves higher than 1175. Currently the market has broken the target and moving around 1210 level. A higher movement will target 1250 next and a lower break ...

Technical Analysis: Currency pairs – Dec 02

December 2nd, 2014 (0)
Technical Analysis for December 02, 2014 EUR/USD tried to break 1.25 line but retraced again to 1.247 level. Currently market posed a risk to retest 1.25 level and break to 1.255 next. A bear movement under 1.24 still will ...

Moody’s downgrades Japan on debt worries

December 1st, 2014 (0)
Moody’s Investors Service today downgraded the Government of Japan’s debt rating by one notch to A1 from Aa3. The outlook is stable. The key drivers for the downgrade are the following: Heightened uncertainty over the achievability of fiscal deficit ...
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