OSB Daily Cheat Sheet

NIKKEI225 chart dec16

Tuesday December 16: OSB Daily Technical Analysis – Indices

16/12/2014(0)
OSB Daily Technical Analysis for December 16, 2014 S&P rallied in the early session on Monday however failed to hold onto its gains breaking below the 2000 level making a new monthly low. The S&P now sitting below its 50 DMA tipping the scales to the bears in the short/medium term. Support beneath at 1970. The Dow followed suite with the S&P and broke lower on the day finding ... Read More
gas NGDaily chart dec16

Tuesday December 16: OSB Daily Technical Analysis – Commodities

16/12/2014(0)
OSB Daily Technical Analysis for December 16, 2014 Gold sold off heavily on Monday breaking beneath the 20 and 50 DMA’s and the key $1200 level. Golds price action suggests upside is capped at the $1220-30 area for now and strong support at the $1200 level is likely to continue seeing trading in a range. A close below this area might see a new down leg in the precious ... Read More
AUDUSDDaily chart dec16

Tuesday December 16: OSB Daily Technical Analysis – Currency pairs

16/12/2014(0)
OSB Daily Technical Analysis for December 16, 2014 EURUSD attempt to rally ran into resistance at 1.2485 area. Clearance of this level extends to 1.25 handle. On the downside support 1.2410-25 just beneath the 20 DMA appers to be solid for now. Market looks ready to consolidate in the 1.2420-80 band short term. Bias remains strongly to the bears.   GBPUSD broke lower erasing much of the gains from ... Read More
NIKKEI225 15-12

Monday December 15: OSB Daily Technical Analysis – Indices

15/12/2014(0)
OSB Daily Technical Analysis for December 15, 2014 The S&P sold off on Friday testing the 2000 support area in what was a very negative week for the index. The chart is starting to look damaged as the S&P broke below the 50 DMA. A close below current levels with conviction extends to 1980 area. With that said longer term bullish bias remains intact for now.   The Dow ... Read More
NGDaily 15-12

Monday December 15: OSB Daily Technical Analysis – Commodities

15/12/2014(0)
OSB Daily Technical Analysis for December 15, 2014 Gold declined on Friday while trading within a tight trading range on the day. Consolidation and range bound action likely to continue in the $1235-$1200 band for now. Market looks to trade sideways as indecisiveness about true direction is high at the moment. Market traded in a tight range on the day managing to remain above $17.00. Market appears to be ... Read More
AUDUSDDaily 15-12

Monday December 15: OSB Daily Technical Analysis – Currency pairs

15/12/2014(0)
OSB Daily Technical Analysis for December 15, 2014 EURUSD rallied back above the 20 DMA pushing above 1.2450 resistance. Next resistance above at 1.2475-85. Upside momentum build up gathering pace with possible push towards 1.25 handle. A close above likely to give market extra push higher as shorts get stopped out in this area. Short term bullish on the EUR. GBPUSD traded in a tight range on Friday managing ... Read More
NIKKEI225 osb chart dec12

Friday December 12: OSB Daily Technical Analysis – Indices

12/12/2014(0)
OSB Daily Technical Analysis for December 12, 2014 The S&P tried to push higher in the early session but fell short at the 2055 resistance area only to turn back and head into previous days lows where support currently stands at 2025. Further support beneath at 2020 and lower at 2000. Ultimately the S&P remains bullish.   The Dow followed suite from the S&P and rallied in early session ... Read More
NGDaily gas osb chart dec12

Friday December 12: OSB Daily Technical Analysis – Commodities

12/12/2014(0)
OSB Daily Technical Analysis for December 12, 2014 Gold failed to move higher on the day finding strong resistance in the $1233 area. Strong resistance just above $1240 capping any strong upside move for now. A clean break above needed for Gold to have any real hope of going higher. On the downside support beneath at $1210-1215.   Silver traded in a tight range throughout the day giving back ... Read More
AUDUSDDaily osb chart dec12

Friday December 12: OSB Daily Technical Analysis – Currency pairs

12/12/2014(0)
OSB Daily Technical Analysis for December 12, 2014 EURUSD went back and forth fighting it out at the 20 DMA at 1.2427 which it closed beneath on the day. Upswing fell short of the 1.2500 handle where significant resistance lies. A dip beneath yesterdays lows at 1.2360 extends to 1.2320. Bullish momentum appears to be running out of steam.   GBPUSD sold off into he early session dipping to ... Read More
DAX30Daily 11/12

Thursday December 11: OSB Daily Technical Analysis – Indices

11/12/2014(0)
OSB Daily Technical Analysis for December 11, 2014 The S&P 500 sold off heavily on Wednesday closing at the lows of the day. The S&P charts looks damaged on the short term time frame with a possibility of further downside extending into the 2000 level which is a solid support area. A break beneath the 50 DMA at 2020 confirms this scenario. The Dow broke lower testing support at ... Read More
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