Search Results for: traders
OSB Daily Technical Analysis- Currency pairs
September 16th, 2014
OSB Daily Technical Analysis for September 16, 2014 EURUSD attempt to push towards 1.30 level resistance failed with a close lower for the day. Consolidation at these levels as the pair tries to recover some of last weeks ...
Defeating India’s disastrous food price inflation with trade
September 16th, 2014
Indian economic data in July on industrial growth and inflation was disappointing. Industrial sector growth slowed to 3.4 per cent in June 2014 with the manufacturing sector, the largest component, growing at an anaemic 1.8 per cent. But the ...
Rupee extends losses against dollar
September 15th, 2014
The rupee-dollar pair hit 61.0875, its highest since September 18. The pair was trading at 61.06/07 versus Wednesday’s 60.96/97 close. Nifty was down 0.6 per cent. Month-end demand from importers further helped the pair. Foreign fund flows will remain ...
Gold Around $1230 on Fears of More Hawkish Fed
September 15th, 2014
Gold edged higher on Monday as Asian equities tumbled but the metal continued to struggle near an eight-month low due to weak physical demand and fears the Federal Reserve may signal an early interest rate increase at this week’s ...
China anxiety over Asian stocks, Aussie dollar hit
September 15th, 2014
Asian stocks skidded to five-week lows on Monday, giving European markets a negative lead after a batch of weak data out of China raised the spectre of a sharp slowdown in the world’s second-biggest economy. “As if traders didn’t ...
OSB Daily Technical Analysis- Indices
September 15th, 2014
OSB Daily Technical Analysis for September 15, 2014 S&P 500 consolidation on Friday closing essentially unchanged from Thursday’s session. Market is bullish and looks to be consolidating at these levels and possibly preparing for the next up leg above ...
OSB Daily Technical Analysis – Commodities
September 15th, 2014
OSB Daily Technical Analysis for September 15, 2014 Gold December 14 Gold dipped below $1230 on Friday only to turn back and close just above. Gold is bearish and all signs suggest lower prices and increased volatility as we ...
OSB Daily Technical Analysis – Currency pairs
September 15th, 2014
OSB Daily Technical Analysis for September 15, 2014 EUR/USD consolidation day on Friday closing below 1.2965 resistance after finding support at the 1.29 level. Action suggests downside may be limited from here and a further corrective bounce towards the ...
OSB Daily Technical Analysis – Indices
September 12th, 2014
OSB Daily Technical Analysis for September 12, 2014 S&P 500 Slight edge higher for the S&P 500 and a retest of the 20 DMA. Bullish and looking to move higher from here. Buy only mode. Dow 30 Close slightly ...
OSB Daily Technical Analysis – Commodities
September 12th, 2014
OSB Daily Technical Analysis for September 12, 2014 Gold closed at $1239 and opened the way for a further downswing. Some consolidation likely, support at $1227. $1200 is looking realistic following recent action. Bearish. Silver close below $18.80 is ...
