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Technical Analysis: Indices – Nov 27
November 27th, 2014
Technical Analysis for November 27, 2014 SPX has break over 2070 to 2075 and will try to break 2080 level. Once it shakes off this level, it will break off from trading range and keep moving higher. Next target for ...
Technical Analysis: Commodities – Nov 27
November 27th, 2014
Technical Analysis for November 27, 2014 XAU/USD (GOLD) slowly climbing and trading 1197 level now. Over all, XAU/USD still trapped in the last trading range around 1180-1205 level. Although the next target for the higher level is 1240, a ...
Technical Analysis: Currency pairs – Nov 27
November 27th, 2014
Technical Analysis for November 27, 2014 EUR/USD is reached the short term target to 1.25 and breaks that level. The next target will be 1.26 but a rebounce back under 1.243 level will target 1.235 next. Chance for reversal ...
Saudi, UAE signal no push for OPEC oil cut
November 26th, 2014
OPEC leader Saudi Arabia and fellow member the United Arab Emirates signalled on Wednesday they were unlikely to push for a major change in oil output at the group’s meeting this week to prop up prices that have collapsed by a ...
Wednesday November 26: OSB Daily Technical Analysis – Indices
November 26th, 2014
OSB Daily Technical Analysis for November 26, 2014 Quiet session for the S&P 500 which traded in a tight range throughout the day. Light volumes expected for the rest of this week as the index takes a pause for ...
Wednesday November 26: OSB Daily Technical Analysis – Commodities
November 26th, 2014
OSB Daily Technical Analysis for November 26, 2014 Gold having difficulty to hold above $1200 mark and close below suggests the market might be ready to start heading lower again. Support below at $1180-85 needs to be broken ...
Wednesday November 26: OSB Daily Technical Analysis – Currency pairs
November 26th, 2014
OSB Daily Technical Analysis for November 26, 2014 Continuation of bounce back from the 1.2360 low with the 1.2510 area (20 DMA) the next resistance to upside push. A close above extends to the 1.2560-80 area. Support below in ...
EU’s Juncker Launches Infrastructure Investment Plan
November 26th, 2014
New European Commission President Jean-Claude Juncker launched a plan aimed at enticing pension funds, insurance companies and other major investors to finance cross-border European infrastructure projects. The plan to boost lackluster investment in the bloc is one of the ...
Spanish regulator warns against unauthorised firm through MFSA
November 26th, 2014
The Malta Financial Services Authority (MFSA), has released a warning from the Spanish Comisión Nacional del Mercado de Valores (CNMV) warning the public that: MILLARD EQUITY, S.A. Centro de Negocios Puerta de Banús. Módulo A. Oficina 1 y 2 29660 Nueva Andalucía. ...
ASIC takes civil action against Make It Mine
November 26th, 2014
ASIC has started legal action against Make It Mine Pty Ltd (MIM), seeking financial penalties against the company for breaching consumer credit laws, including the responsible lending obligations. ASIC’s civil penalty proceedings, filed in the Federal Court of Australia ...