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Technical Analysis: Commodities– Nov 21
November 21st, 2014
Technical Analysis for November 21, 2014 XAU/USD (GOLD) has been moving around 1180 – 1200 level and made no new attempts at all. A break over 1205 will target 1240 next and a lower leg under 1175 will target ...
Obama unveils U.S. immigration reform, setting up fight with Republicans
November 21st, 2014
President Barack Obama imposed the most sweeping immigration reform in a generation on Thursday, easing the threat of deportation for some 4.7 million undocumented immigrants and setting up a clash with Republicans who vow to fight his moves. In a White ...
Former financial adviser jailed for two years
November 21st, 2014
A former Perth-based financial adviser today was jailed for two years for stealing almost $1.5 million worth of shares. Todd Michael King was sentenced to two years jail and was made eligible for parole. In September 2014, following a ...
Technical Analysis: Currency pairs – Nov 21
November 21st, 2014
Technical Analysis for November 21, 2014 EUR/USD has crossed 1.257 line and touched 1.26 line. A break over 1.26 will target 1.268 next and now it’s staying in 1.25 – 1.258 trading range. If EUR/USD breaks down under 1.25 ...
Yen Set for Fifth Weekly Loss on Elections
November 21st, 2014
The yen rose, paring the sharpest five-week drop since 1995, after Japan’s Finance Minister Taro Aso said the currency had depreciated too rapidly. Japan’s currency has fallen against all except one of its 31 major counterparts this week before Japan ...
Friday November 21: OSB Daily Technical Analysis – Indices
November 21st, 2014
OSB Daily Technical Analysis for November 21, 2014 The S&P 500 traded within a tight trading range on Thursday ending the day on modest gains after dipping into the 2040 area which proved to be supportive enough. Action ...
Friday November 21: OSB Daily Technical Analysis – Commodities
November 21st, 2014
OSB Daily Technical Analysis for November 21, 2014 Gold declined in the early session only to bounce back and make a push for the $1200 mark only to fall short by a few points. Gold appears to ready to ...
Friday November 21: OSB Daily Technical Analysis – Currency pairs
November 21st, 2014
OSB Daily Technical Analysis for November 21, 2014 EURUSD sold off in the early session testing the 1.25 handle for support which stood the test of bearish sellers. The dip was bought into by short covering stops triggered at ...
JACK MA: This Is Alibaba’s Most Dangerous Moment
November 20th, 2014
People now think that Alibaba, after being repeatedly underestimated, is capable of doing anything. That’s why Alibaba founder Jack Ma says the company is in its “most dangerous moment,” according to Bloomberg. Ma was speaking at a conference in ...
Best Buy profit beats, sending shares higher
November 20th, 2014
Best Buy reported quarterly earnings and revenue that beat analysts’ expectations on Thursday, sending shares sharply higher in premarket trading. Following the report, shares of Best Buy rose more than 8 percent in trading prior to the opening bell. The ...