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OSB Daily Technical Analysis – Currency pairs
September 12th, 2014
OSB Daily Technical Analysis for September 12, 2014 EUR/USD Mixed day and consolidation for the EURUSD on Thursday which appears to be developing a base within this tight range. Strong resistance at 1.2965 and more significantly at 1.30. A ...
OSB Daily Technical Analysis – Indices
September 11th, 2014
OSB Daily Technical Analysis for September 11, 2014 S&P 500 tested the 20 MA and close at slightly higher on Wednesday. This market has strong support around the 1985-90 level. This downswing does not appear to have legs and ...
OSB Daily Technical Analysis – Commodities
September 11th, 2014
OSB Daily Technical Analysis for September 11, 2014 Gold Another down day for Dec 14 Gold with a close above $1245. Gold is now at the bottom of its recent trading range and is likely to bounce around in ...
OSB Daily Technical Analysis – Currency pairs
September 11th, 2014
OSB Daily Technical Analysis for September 11, 2014 EUR/USD Mixed day for the EURUSD as it hovers around the 1.29 handle remaining within its recent range of support at 1.2850 and resistance at 1.2965. Consolidation and some range bound ...
Bonds Starting to Cause Concern for U.S. Stocks
September 10th, 2014
The bond market is starting to give the stock market agita, and focus could remain on interest rates Wednesday as traders try to handicap the Fed’s next move. A report from the San Francisco Fed staff, released Monday, injected ...
OSB Daily Technical Analysis – Indices
September 10th, 2014
OSB Daily Technical Analysis for September 10, 2014 S&P 500 Down day for the S&P 500 finding support at the 20 DMA only to close above at 1989.70. The S&P have gained almost 100 points since the beginning of ...
OSB Daily Technical Analysis – Commodities
September 10th, 2014
OSB Daily Technical Analysis for September 10, 2014 Gold had another decline closing near the lows of the day and below the coveted $1250 level. This is bearish for Gold and we are likely heading to the $1240 area ...
OSB Daily Technical Analysis – Currency pairs
September 10th, 2014
OSB Daily Technical Analysis for September 10, 2014 EUR/USD pair found support close to the 1.2850 area only to turn back up and close positive for the day. The pair is oversold and might have put in a short ...
Banks are puzzled over how to stop rate fixing
September 10th, 2014
Banks and regulators have still not found a way to be sure of stopping traders from manipulating Libor, foreign exchange and other benchmarks, top watchdog Martin Wheatley said yesterday. More than two years on from the first bank fine ...
Gold Remains Under $1260 on U.S. Dollar Strength
September 9th, 2014
Gold hovered near its lowest in three months on Tuesday after sharp overnight losses as the dollar traded at 14-month highs against a basket of major currencies, dimming the metal’s appeal as a currency hedge. Spot gold had slipped ...