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Federal Reserve will decide this week for widen the door for interest rate hikes next year

December 15th, 2014 (0)
Federal Reserve officials will decide this week whether to make a critical change to their policy statement that would widen the door for interest rate hikes next year and effectively bet the United States will continue to shine in ...

Monday December 15: OSB Daily Technical Analysis – Commodities

December 15th, 2014 (0)
OSB Daily Technical Analysis for December 15, 2014 Gold declined on Friday while trading within a tight trading range on the day. Consolidation and range bound action likely to continue in the $1235-$1200 band for now. Market looks to ...

Monday December 15: OSB Daily Technical Analysis – Currency pairs

December 15th, 2014 (0)
OSB Daily Technical Analysis for December 15, 2014 EURUSD rallied back above the 20 DMA pushing above 1.2450 resistance. Next resistance above at 1.2475-85. Upside momentum build up gathering pace with possible push towards 1.25 handle. A close above ...

Yen Climbs After Election; Aussie Near Low on Iron Prices

December 15th, 2014 (0)
Australia’s dollar fell to the lowest since June 2010 and the nation’s bonds rallied as commodities slumped and people were taken hostage in a cafe in Sydney’s financial district. The Aussie weakened against most of its 16 major peers ...

European shares extend sell-off as energy stocks suffer

December 12th, 2014 (0)
European shares slid on Friday, with further declines in the price of oil hitting energy stocks, while political concerns over Greece also pegged back equities. The pan-European FTSEurofirst 300 index fell 1.1 percent to 1,342.24 points, while the euro ...

Friday December 12: OSB Daily Technical Analysis – Indices

December 12th, 2014 (0)
OSB Daily Technical Analysis for December 12, 2014 The S&P tried to push higher in the early session but fell short at the 2055 resistance area only to turn back and head into previous days lows where support currently ...

Friday December 12: OSB Daily Technical Analysis – Commodities

December 12th, 2014 (0)
OSB Daily Technical Analysis for December 12, 2014 Gold failed to move higher on the day finding strong resistance in the $1233 area. Strong resistance just above $1240 capping any strong upside move for now. A clean break above ...

Friday December 12: OSB Daily Technical Analysis – Currency pairs

December 12th, 2014 (0)
OSB Daily Technical Analysis for December 12, 2014 EURUSD went back and forth fighting it out at the 20 DMA at 1.2427 which it closed beneath on the day. Upswing fell short of the 1.2500 handle where significant resistance ...

Technical Analysis: Indices – Dec 12

December 12th, 2014 (0)
Technical Analysis for December 12, 2014 SPX retraces to 2050 level but eventually back to 2030 level. Next lower target will be 2000 level and a break of this level will shake off bull trend in SPX. Higher break ...

Technical Analysis: Commodities – Dec 12

December 12th, 2014 (0)
Technical Analysis for December 12, 2014 XAU/USD trapped in a new trading range around 1225 – 1235 but attempts to break lower under 1220. Next lower target will be 1200 and next break higher will target 1250 slowly.   ...
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