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OSB Daily Technical Analysis- Currency pairs
September 2nd, 2014
OSB Daily Technical Analysis for September 2nd, 2014 EUR/USD was largely unchanged on Monday despite bearish pressure. Weakness continues and lower prints are almost certain considering looming ECB actions in the near term. USD/JPY Breakout for the USD/JPY pair ...
OSB Daily Technical Analysis – Commodities
September 1st, 2014
OSB Daily Technical Analysis for September 1st, 2014 Gold – Lower prices for Gold intraday with support just above the previous day’s lows. This market appears range bound for the medium term without much direction. Medium term trading range is ...
OSB Daily Technical Analysis – Currency pairs
September 1st, 2014
OSB Daily Technical Analysis for September 1st, 2014 EUR/USD Strong downward pressure for the EUR/USD on Friday closing at the lows of the day and below support of 1.3150. The next support level is at 1.31 which is ...
‘Crop tourists’ predict record corn and soyabean harvests
August 29th, 2014
Every August, travellers with a high tolerance for monotony flock to the two-lane highways of the rural US Midwest. Tracing 1,000-mile routes across corn and soyabean fields, these participants in annual “crop tours” stop to measure ears, count bean ...
OSB Daily Technical Analysis
August 29th, 2014
OSB Daily Technical Analysis for August 29, 2014 EUR/USD closed largely unchanged yesterday from the previous days close after testing the 1.32 level in the early session. This suggests some consolidation following the sharp declines since mid-August and seven ...
Gold – Trying to Edge Higher from Support at $1275
August 28th, 2014
Gold for Thursday, August 28, 2014 Over the last couple of days Gold has been enjoying a small rally off the support level at $1275 after spend the best part of the last week resting on support there. In ...
Tyson wins U.S. Justice Dept antitrust nod for Hillshire deal
August 28th, 2014
Tyson Foods Inc (TSN.N), the largest U.S. meat processor, on Wednesday won U.S. antitrust approval for its $8.5 billion purchase of Hillshire Brands Co (HSH.N). To win approval for the merger, the companies agreed to sell Heinold Hog Markets, ...
OSB Daily Technical Analysis
August 28th, 2014
OSB Daily Technical Analysis for August 28, 2014 EUR/USD A positive day for the EURUSD pair following three losing days. This bounce back and correction of recent losses is normal and expected. The overall trend remains bearish. USD/JPY More ...
Asia shares steady as rally fades, euro clings to gains
August 28th, 2014
Asian shares held steady after pulling back from a 6-1/2 year high as the recent rally in risk assets petered out for now, while the euro clung to modest gains after rebounding from 13-month lows. The Australian dollar rose ...
OSB Daily Technical Analysis
August 27th, 2014
OSB Daily Technical Analysis for August 27, 2014 EUR/USD The EURUSD pair remains in bearish territory and looks likely to continue its downward trajectory despite some consolidative action on Tuesday. The bears dominate this market for now. More consolidation ...