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OSB Daily Cheat Sheet

NGDaily 11/12

Thursday December 11: OSB Daily Technical Analysis – Commodities

11/12/2014(0)
OSB Daily Technical Analysis for December 11, 2014   Gold attempt to push higher faltered as it approached the $1240 resistance area selling off in the $1220 area. Price action suggests upside momentum build-up with an effort to go higher. A break above $1240 extends to $1248-55. Silver managed to put in another positive day with short/medium term indicators tipping in favour of the bulls. Resistance above in the ... Read More
AUDUSDDaily 11/12

Thursday December 11: OSB Daily Technical Analysis – Currency pairs

11/12/2014(0)
OSB Daily Technical Analysis for December 11, 2014 EURUSD cleared the 20 DMA closing at the peak of the day suggesting further upside. Overhead resistance at 1.2450-75. Clearing this extends to a test of the 1.25 handle. Support beneath now at 1.24-1.2380. Short term bullishness possibly to persist as US$ broad based weakness remains. GBPUSD strong showing on the day finding resistance at the 20 DMA. Pressure remains to ... Read More
NIKKEI225 osb chart dec10

Wednesday December 10: OSB Daily Technical Analysis – Indices

10/12/2014(0)
OSB Daily Technical Analysis for December 10, 2014 S&P 500 sell off broke the 20 DMA finding support at 2034 on the day but managed to erase the losses by the end of session to close essential flat on the day. Yesterday’s knee jerk session suggests some consolidation and bullish fatigue following a impressive up swing since mid October. Market likely to resume upward trajectory as we near the ... Read More
NGDaily osb chart dec10

Wednesday December 10: OSB Daily Technical Analysis – Commodities

10/12/2014(0)
OSB Daily Technical Analysis for December 10, 2014 Gold rallied on the day breaking through the $1200 with ease making a test of resistance at the $1240 area. A close above this level and more importantly $1250 resistance extends to $1280.Yesterdays rally tips the scales on the bullish side for Gold in the short/medium term for now with a likely continuation of the upswing. Big day for Silver with ... Read More
AUDUSDDaily osb chart dec10

Wednesday December 10: OSB Daily Technical Analysis – Currency pairs

10/12/2014(0)
OSB Daily Technical Analysis for December 10, 2014 EURUSD broke sharply higher the early session managing an intraday high in the 1.2450 area. Pair needs to close above 1.24 handle with conviction to sustain up move. Resistance above at 1.2480. A pullback finds support at 1.2360-80 band. Further down support is at 1.2290-1.2300 area. GBPUSD rallied towards the 20 DMA which proved resistive just above the 1.57 handle. Pair ... Read More
NIKKEI225 osb chart dec9

Tuesday December 9: OSB Daily Technical Analysis – Indices

09/12/2014(0)
OSB Daily Technical Analysis for December 9, 2014 The S&P sold off slightly on Monday finding support in the 2050 area close to the 20 DMA. The S&P pullback is likely to find further support below in the 2030-45 area. Market remains in strong bullish mode. The Dow followed through general market sentiment and sold off finding support at 17800. Further correction to ensue with support below at 17750. ... Read More
NGDaily gas osb chart dec9

Tuesday December 9: OSB Daily Technical Analysis – Commodities

09/12/2014(0)
OSB Daily Technical Analysis for December 9, 2014 Positive day for gold which managed to back above the 20 DMA and push over the $1200 hurdle. Despite upswing gold failed to remain above on the close suggesting that area remains strongly resistive. Gold likely to consolidate and trade sideways for now. Bias for downside with consolidation to follow.   Silver edged higher on the day with very little trading ... Read More
AUDUSDDaily osb chart dec9

Tuesday December 9: OSB Daily Technical Analysis – Currency pairs

09/12/2014(0)
OSB Daily Technical Analysis for December 9, 2014 EURUSD sell off found support at new low of 1.2247 prior to bouncing back up above the 1.23 handle to finish the day on a positive note. Resistance at the 1.2360-1.2400. On the downside support below in the 1.2250-70 band. Some sideways consolidation likely as pair to digest recent sell-off. Upside moves constrained by strong resistance above and pure lack of ... Read More
NIKKEI225 08/12

Monday December 8: OSB Daily Technical Analysis – Indices

08/12/2014(0)
OSB Daily Technical Analysis for December 8, 2014 The S&P broke a new high followed by a retreat which eventually saw the pair close almost at par with the previous days session. S&P remains strongly bullish with no signs of a market top as of yet. 2100 is a likely and realistic target for now. New all time high for the Dow on Friday as it edges ever closer ... Read More
NGDaily 08/12

Monday December 8: OSB Daily Technical Analysis – Commodities

08/12/2014(0)
OSB Daily Technical Analysis for December 8, 2014 Gold sold off yet again on Friday breaking below the $1200 level and the 20 and 50 DMA’s. The area remains volatile with gold likely to trade in the general vicinity bouncing back and forth in the $1180-$1210 area. Overall trend remains strongly biased to the downside. Silver lost almost 2% on Friday and broke below the 20 DMA as it ... Read More
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