OSB Daily Cheat Sheet

AUDUSDDaily 08/12

Monday December 8: OSB Daily Technical Analysis – Currency pairs

08/12/2014(0)
OSB Daily Technical Analysis for December 8, 2014 EURUSD closed below the 1.23 handle for the first time since August 2012 on Friday. Downside support extends at 1.2230-50 area although a bounce back above into 1.2350 resistance area likely. Market heading to a test of the 1.2200 a break of which see the EURUSD imminently opening up the path to the 1.20 handle with time. GBPUSD weakness and selling ... Read More
NIKKEI225 05/12

Friday December 5: OSB Daily Technical Analysis – Indices

05/12/2014(0)
OSB Daily Technical Analysis for December 5, 2014 The S&P sold off in the early session on Thursday only to turn back and close the day marginally negative. Support below at 2050-60 appears to contain any further downside for the S&P. Consolidation and further upside on the horizon for the S&P. The Dow closed the day essentially unchanged after selling off in the early session. Support at 17800-25. Resistance ... Read More
NGDaily 05/12

Friday December 5: OSB Daily Technical Analysis – Commodities

05/12/2014(0)
OSB Daily Technical Analysis for December 5, 2014 Gold traded within a tight range on Thursday consolidating recent price action and remaining above the $1200 mark throughout the day. Shorter term Gold appears to be in a tight range with a slant to the downside. A break below $1200 extends to $1190-92. Silver managed to end the day with a 1% gain following a relatively quiet day. More sideways ... Read More
AUDUSDDaily 05/12

Friday December 5: OSB Daily Technical Analysis – Currency pairs

05/12/2014(0)
OSB Daily Technical Analysis for December 5, 2014 EURUSD sold off in the early session only to bounce off strongly into the 1.2400 level finding resistance at the 1.2450 area near the 20 DMA. Rally driven by ECB announcement to keep powder dry and take a wait and see approach to stimulus action. Further resistance above at 1.2500-30. Support below at now at 1.2325-50. GBPUSD remains in consolidation mode ... Read More
NIKKEI225 04/12

Thursday December 4: OSB Daily Technical Analysis – Indices

04/12/2014(0)
OSB Daily Technical Analysis for December 4, 2014 The S&P rallied yet again to make a new all time high which is now very the new normal in the US market. Strongly bullish momentum likely to see the S&P reaching out to the 2100 level in the medium term. Dow edged higher on the day following through with the S&P and making a new all time high. Market direction ... Read More
NGDaily 04/12

Thursday December 4: OSB Daily Technical Analysis – Commodities

04/12/2014(0)
OSB Daily Technical Analysis for December 4, 2014 Positive day for Gold with a strong push towards $1220 level finding resistance beneath at $1215. Gold likely to bounce around in the general vicinity as it looks for further direction. A break beneath $1200 is supported at $1185-90 area. Minimal move for Silver which went back and forth during the day giving back 27 basis points. Consolidation and range bound ... Read More
AUDUSDDaily 04/12

Thursday December 4: OSB Daily Technical Analysis – Currency pairs

04/12/2014(0)
OSB Daily Technical Analysis for December 4, 2014 EURUSD smashed down to 1.2320 in the early session spending the rest of the day going downwards from there. New low at 1.2301 appears well supported for now with the market likely to take a pause at these levels. A close below here extends to 1.2230-50 last seen in June 2010. Resistance above at 1.2360-90. Bearish with new lows imminent. GBPUSD ... Read More
NIKKEI225 chart osb 3/12

Wednesday December 3: OSB Daily Technical Analysis – Indices

03/12/2014(0)
OSB Daily Technical Analysis for December 3, 2014 S&P rallied briefly heading towards recent highs which are proving resistive at the moment. A break above 2070 extends through to new highs in the short term. Downside pressure contained for now however longer term the index appears overbought from a technical perspective.   Dow broke out on Tuesday making a new all time high suggesting more upside on the horizon. ... Read More
NGDaily chart osb 3/12

Wednesday December 3: OSB Daily Technical Analysis – Commodities

03/12/2014(0)
OSB Daily Technical Analysis for December 3, 2014 Gold gave away some of Mondays gains closing just beneath the $1200 mark. Support in the $1185-$1190 area for now likely to prop up price at this level as we see some consolidation. Gold still very bearish with a break below support extending into the $1140 given enough time.   Silver declined with bears stepping in intrepidly following the previous sessions ... Read More
AUDUSDDaily chart osb 3/12

Wednesday December 3: OSB Daily Technical Analysis – Currency pairs

03/12/2014(0)
OSB Daily Technical Analysis for December 3, 2014 EURUSD failed to hold above the 1.2400 handle and is likely to retest recent lows at 1.2360. A break below see decline further into the 1.2300 level. Any potential upside is contained with resistance now at 1.2450-70. Pair likely to remain under downside pressure as momentum builds ups with bears stepping in as market heads lower.   GBPUSD gave away gains ... Read More
Broker Cyprus TopFX