Search Results for: crude prices
Tuesday October 21: OSB Daily Technical Analysis- Commodities
October 21st, 2014
OSB Daily Technical Analysis for October 21, 2014 Gold rallied higher on Monday hitting resistance at the $1250 area. The close just beneath this price suggests a retest and possible close above in the next several sessions. A close ...
Eurozone fails to benefit from weak currency as oil price slides
October 20th, 2014
Pity the policy makers given the job of rescuing the eurozone from deflation. The unorthodox steps the European Central Bank has taken since June – including a programme of private-sector asset purchases – have caused a steep fall in ...
Monday October 20: OSB Daily Technical Analysis- Commodities
October 20th, 2014
OSB Daily Technical Analysis for October 20, 2014 Gold closed essentially unchanged after testing resistance at the $1240 area on Friday which proved to be too strong to hold above. This suggests gold is likely to consolidate at this ...
Dubai, Saudi, Qatar bourses plunge amid oil price decline
October 17th, 2014
Markets across the Middle East tumbled on Thursday as global equities and oil prices continued to decline, while Saudi Arabia’s drop was magnified by investors selling to prepare for a $6 billion initial public offer of shares. Brent crude ...
Friday October 17: OSB Daily Technical Analysis- Commodities
October 17th, 2014
OSB Daily Technical Analysis for October 17, 2014 Gold declined on Thursday finding support at the $1235 area. Gold is looking to go higher and a close above $1250 suggests upswing has legs and is possibly heading to the ...
Thursday October 16: OSB Daily Technical Analysis- Commodities
October 16th, 2014
OSB Daily Technical Analysis for October 16, 2014 Gold break out above $1240 on Wednesday finding resistance at $1250. Gold is likely to attempt a rally from here possibly to the $1275 level in the medium term. Higher volatility ...
Wednesday October 15: OSB Daily Technical Analysis- Commodities
October 15th, 2014
OSB Daily Technical Analysis for October 15, 2014 Gold rally stalled just shy of the $1240 mark on Tuesday and turned back to sell off finding support at $1231. Gold is likely to consolidate in this area and grind ...
Tuesday October 14: OSB Daily Technical Analysis- Commodities
October 14th, 2014
OSB Daily Technical Analysis for October 14, 2014 Gold Positive day for Gold which managed to climb above the 20 DMA and make a high at $1237. Gold is likely to test $1240 resistance level. A close above this ...
Stocks, oil flounder on growth anxiety, China data little help
October 13th, 2014
Asian stocks stumbled to seven-month lows on Monday, while crude oil prices were pinned near a four-year trough as promising trade numbers out of China failed to cheer a market still worried about faltering global growth. “European equities look ...
Monday October 13: OSB Daily Technical Analysis- Commodities
October 13th, 2014
OSB Daily Technical Analysis for October 13, 2014 Gold traded in a tight range of Friday managing to find support at the $1220 level which now appears to be a base support area. Bounce poised to continue with a ...
