Search Results for: Oil price
Monday November 17: OSB Daily Technical Analysis – Commodities
November 17th, 2014
OSB Daily Technical Analysis for November 17, 2014 Gold rallied significantly on Friday with sign that the precious metal is attempting to reach out to the $1200 handle. Resistance in this area is significant and likely to cause bears ...
Technical Analysis: Commodities – Nov 17
November 17th, 2014
Technical Analysis for November 17, 2014 XAU/USD (GOLD) has shown a higher leg to break 1185 line and it will target 1200 next. Although the market’s trend is quite strong, a high reversal for another lower leg is very likely ...
Friday November 14: OSB Daily Technical Analysis – Commodities
November 14th, 2014
OSB Daily Technical Analysis for November 14, 2014 Gold seen testing support at the $1150 area on Thursday. Bears in full control of this market and likely to push this market lower. A break of support and close below ...
Technical Analysis: Commodities – Nov 14
November 14th, 2014
Technical Analysis for November 14, 2014 XAU/USD (GOLD) has been trading around 1130 – 1180 level and market will stay sideways. No major changes are expected in short term and long term downtrend still intact in XAU/USD chart. A higher ...
Thursday November 13: OSB Daily Technical Analysis – Commodities
November 13th, 2014
OSB Daily Technical Analysis for November 13, 2014 Gold tried to rally on Wednesday but found resistance at the $1170 area too strong. Gold is likely to consolidate in this region and build a base at the $1150 area ...
Technical Analysis : Commodities – Nov 13
November 13th, 2014
Technical Analysis for November 13, 2014 XAU/USD (GOLD) XAU/USD has been trading around 1130 – 1180 level. No major changes are expected in short term and long term downtrend still intact in XAU/USD chart. A higher leg above 1185 ...
Technical Analysis: Currency pairs – Nov 13
November 13th, 2014
Technical Analysis for November 13, 2014 EUR/USD The last movement from the market was holding the price around 1.242, Currently EUR/USD still moving sideways at 1.24 – 1.25 level. The last movement from the market can’t break 1.251 resistance ...
OPEC’s Colluders Are in a No-Win Situation
November 12th, 2014
Economists will tell you that cartels are hard to keep alive. They work when everyone in the cartel holds down production to keep the price artificially high (and punish customers). But there’s a huge incentive to exceed one’s quota. ...
Wednesday November 12: OSB Daily Technical Analysis – Commodities
November 12th, 2014
OSB Daily Technical Analysis for November 12, 2014 Gold tried to rally on Tuesday after finding support at the $1145 area. Gold is looking to build a base in this area as it tries to bounce higher. Resistance above ...
Tuesday November 11: OSB Daily Technical Analysis – Commodities
November 11th, 2014
OSB Daily Technical Analysis for November 11, 2014 Gold sold off on Monday after opening slightly lower from the previous close. Gold is currently supported in the $1140-50 area and is likely to continue testing for support here. A ...
