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Wednesday November 5: OSB Daily Technical Analysis – Commodities

November 5th, 2014 (0)
OSB Daily Technical Analysis for November 5, 2014 Gold tried to rally on Tuesday but found resistance at the $1775 area to strong to push through and reversed to find support at $1163. Weakness in gold remains as it ...

Wednesday November 5: OSB Daily Technical Analysis – Currency pairs

November 5th, 2014 (0)
OSB Daily Technical Analysis for November 5, 2014 EUR/USD broke its four day losing streak on Tuesday and managed to rally above the 1.25 handle finding resistance at the 1.2580 area. Pair looks set to bounce higher from here ...

SEC fines 13 firms over sale of Puerto Rico junk bonds

November 4th, 2014 (0)
Units of 13 major Wall Street firms, including JPMorgan and UBS, improperly sold bonds from Puerto Rico’s landmark March junk deal to retail investors who may not have understood the debt’s riskiness, the U.S. Securities and Exchange Commission said ...

Is Better Communication Longer and More Complex?

November 4th, 2014 (0)
Twenty years ago, when the Federal Reserve Open Market Committee wanted to change interest rates, it didn’t make any announcement. It just took action, and market participants observe those actions. Mark Wynne of the Federal Reserve Bank of Dallas ...

It’s Currency War! – And Japan Has Fired The First Shot

November 4th, 2014 (0)
This is the big problem with fiat currency – eventually the temptation to print more of it when you are in a jam becomes too powerful to resist. In a surprise move on Friday, the Bank of Japan dramatically ...

Tuesday November 4: OSB Daily Technical Analysis- Indices

November 4th, 2014 (0)
OSB Daily Technical Analysis for November 4, 2014 S&P 500 The S&P 500 made a new high on Monday reaching the 2018 mark only to pull back and end the day effectively unchanged. This suggests that the index has ...

Tuesday November 4: OSB Daily Technical Analysis – Commodities

November 4th, 2014 (0)
OSB Daily Technical Analysis for November 4, 2014 Gold continued its downswing finding support at $1160 before bouncing back to close at $1165.00. Gold appears somewhat oversold at the moment and is likely to bounce possibly into the $1180 ...

Tuesday November 4: OSB Daily Technical Analysis – Currency pairs

November 4th, 2014 (0)
OSB Daily Technical Analysis for November 4, 2014 EUR/USD closed below the 1.25 handle on Monday continuing its downward trajectory. Yesterday’s price action suggests a short term bounce back is imminent at this level however is overall bearish for ...

FCA warning against clone firm

November 3rd, 2014 (0)
The Financial Conduct Authority (FCA) of the United Kingdom has issued a warning to alert all recipients that: Pritchards Stockbrokers (clone of FCA authorised firm) Address: Roddis House, Old Christchurch Road, Bournemouth, Dorset, BH1 1LG Tel: 01202297035 Fax: 01202555177 ...

Monday November 3: OSB Daily Technical Analysis- Indices

November 3rd, 2014 (0)
OSB Daily Technical Analysis for November 3, 2014 S&P 500 The S&P 500 rallied to a new all-time high on Friday clearing the 2000 area with ease. The index is now in uncharted territory and is likely to correct, ...
Broker Cyprus TopFX