Search Results for: oil prices
Wednesday November 5: OSB Daily Technical Analysis – Commodities
November 5th, 2014
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 ...
Tuesday November 4: OSB Daily Technical Analysis – Commodities
November 4th, 2014
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 ...
German manufacturing sector rebounds in Oct after Sept dip – PMI
November 3rd, 2014
German factory activity rebounded in October after shrinking slightly in September for the first time in over a year, although there are signs of weak domestic demand in Europe’s largest economy, a survey showed on Monday. Markit’s Purchasing Manager’s ...
Monday November 3: OSB Daily Technical Analysis- Commodities
November 3rd, 2014
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 ...
Friday October 31: OSB Daily Technical Analysis- Commodities
October 31st, 2014
OSB Daily Technical Analysis for October 31, 2014 Gold sold off on Thursday closing below $1200 after its failure to rally back above $1220 during intraday trading. Gold is now looking very bearish and likely to make new lows. ...
Thursday October 30: OSB Daily Technical Analysis- Commodities
October 30th, 2014
OSB Daily Technical Analysis for October 30, 2014 Gold sold off on Wednesday breaking below the key $1220 support and finding support in the $1210 area. Yesterday price action suggests downside momentum on the rise and a likely test ...
Fed’s grand experiment draws to a close
October 29th, 2014
A grand experiment in US monetary policy is coming to an end. When the Federal Reserve releases the statement from its October meeting on Wednesday afternoon, the moment is almost certain to mark the end of the liquidity and ...
Wednesday October 29: OSB Daily Technical Analysis- Commodities
October 29th, 2014
OSB Daily Technical Analysis for October 29, 2014 Gold Positive close for gold which briefly flirted with $1220 support during intraday trading. Gold looks well supported in this area and is likely to bounce around in the $1220-$1235 region ...
Tuesday October 28: OSB Daily Technical Analysis- Commodities
October 28th, 2014
OSB Daily Technical Analysis for October 28, 2014 Gold sold off on Monday but managed to remain above the key $1220 mark. The metal is at a key juncture and possible close below indicates where Gold might be heading ...
Monday October 27: OSB Daily Technical Analysis- Commodities
October 27th, 2014
OSB Daily Technical Analysis for October 27, 2014 Gold closed essentially unchanged on Friday hovering around the $1230 level throughout the trading session. Market remains bearish and close in the $1220-25 region suggests Gold is likely to retest the ...
