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Wednesday November 5: OSB Daily Technical Analysis – Indices

November 5th, 2014 (0)
OSB Daily Technical Analysis for November 5, 2014 S&P 500 The S&P 500 sold off on Tuesday dipping below the 2000 mark during intraday trading only to find support at 1995 and climb back above. This correction is perfectly within ...

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 ...

GAIN Capital to acquire City Index

November 4th, 2014 (0)
New York-based forex trading firm GAIN Capital Holding has entered into a definitive agreement to acquire City Index (Holdings) Limited, a leading online trading firm specializing in contracts-for-difference (CFDs), forex and UK spread betting, for approximately $118 million, or ...

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 ...

Yen hits 7-year low vs dollar; Aussie falls after weak China PMI

November 3rd, 2014 (0)
The yen fell to a fresh seven-year low against the dollar on Monday, extending a massive sell-off sparked by the Bank of Japan’s surprise decision to boost its already huge bond-buying stimulus. Sellers also took aim at the Australian ...

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, ...

Monday November 3: OSB Daily Technical Analysis- Commodities

November 3rd, 2014 (0)
OSB Daily Technical Analysis for November 3, 2014 Gold bears had a field day on Friday as the precious metal fell off a cliff and landed at the $1160 mark only to bounce back and close at $1172. The ...
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