OSB Daily Cheat Sheet

NIKKEI225 chart

Tuesday December 2: OSB Daily Technical Analysis – Indices

02/12/2014(0)
OSB Daily Technical Analysis for December 2, 2014 The S&P sold off on Monday testing the 2050 area for support. S&P appears well supported in this area and is likely to bounce from here. Further support below in the 2025-35 band. On the upside recent highs in the 2075 area are resistive for now. Bullish upside bias remains intact.   The Dow Jones declined slightly on Monday finding support ... Read More
NGDaily chart osb

Tuesday December 2: OSB Daily Technical Analysis – Commodities

02/12/2014(0)
OSB Daily Technical Analysis for December 2, 2014 Highly volatile trading session for Gold which had a $79.00 swing intraday on Monday. Gold appears well supported in the $1140-50 area for now and does not appear ready to go lower. On the upside a close above $1225 extends to $1250 key resistance level. Some consolidation and range bound action likely following Mondays session. Silver trading session on Monday very ... Read More
AUDUSDDaily chart

Tuesday December 2: OSB Daily Technical Analysis – Currency pairs

02/12/2014(0)
OSB Daily Technical Analysis for December 2, 2014 EURUSD lacked real conviction and direction managing to hold above the 1.24 level and keeping away from the1.2360 lows for now. Ranging price action likely for now. A bounce from yesterdays close sets the scope for a retest of the 1.25 handle. A close above needed to extend push to the 1.2600 level. Support in the 1.2435-55 area.   GBPUSD bulls ... Read More
NIKKEI225 0112

Monday December 1: OSB Daily Technical Analysis – Indices

01/12/2014(0)
OSB Daily Technical Analysis for December 1, 2014 S&P 500 traded sideways and edged slightly lower on Friday on what was a relatively light trading day following Thanksgiving. With that in the mind the index still managed to make an intraday new all time high suggesting new highs are now the norm. The Dow ended Fridays trading session unchanged after indicating much indecisiveness about direction through the trading session. ... Read More
NGDaily 0112

Monday December 1: OSB Daily Technical Analysis – Commodities

01/12/2014(0)
OSB Daily Technical Analysis for December 1, 2014 Gold broke down on Friday finding support in the $1165 area. Gold market is currently very noisy and volatile taking into consideration the Swiss referendum and the US$ strength. Market likely to remain volatile all the way down to $1140 area which is strongly supported. A break below this level extends to new lows. Silver was highly volatile on Friday giving ... Read More
USDJPYDaily 0112

Monday December 1: OSB Daily Technical Analysis – Currency pairs

01/12/2014(0)
OSB Daily Technical Analysis for December 1, 2014 Market finding the 1.25 handle too resistive suggesting weakness and lack of bullish momentum. A clean close above needed for the pair to have any hope of seeing any buying interest in size. Support in the 1.2440-50 band continues to hold for now and we would expect this to hold for the balance of the day. A break below 1.24 opens ... Read More
NIKKEI225 28/11

Friday November 28: OSB Daily Technical Analysis – Indices

28/11/2014(0)
OSB Daily Technical Analysis for November 28, 2014 The S&P 500 was closed on the Thursday due to Thanksgiving. Friday trading is half day. The Dow Jones was closed on the Thursday due to Thanksgiving. Friday trading is half day. The FTSE 100 declined slightly on Friday after trying to rally in the early session. The FTSE fell short in the 6750 area which is proving to be resistive ... Read More
NGDaily 28/11

Friday November 28: OSB Daily Technical Analysis – Commodities

28/11/2014(0)
OSB Daily Technical Analysis for November 28, 2014 Light trading session on the day with Gold closing slightly lower on the day breaking below the $1190 handle on the day. Gold looks ready to go lower and is likely to break lower with a short term target of revisiting the $1150 handle. Support in the $1175-80 area. Silver sold off on Thursday giving back much of the recent gains. ... Read More
AUDUSDDaily 28/11

Friday November 28: OSB Daily Technical Analysis – Currency pairs

28/11/2014(0)
OSB Daily Technical Analysis for November 28, 2014 Strong resistance in the 1.2520 area pushed EURUSD lower on the day. Limited upside potential for the pair which is rather berish on all time frames. Range bound action with a bias to the downside remains in the short term. Support at the 1.24 level important, a break below extends to recent low of 1.2360. Decline for GBPUSD which traded lower ... Read More
NIKKEI225 27/11

Thursday November 27: OSB Daily Technical Analysis – Indices

27/11/2014(0)
OSB Daily Technical Analysis for November 27, 2014 The S&P 500 edged higher in what was a relatively light trading session. Consolidation likely to continue with any pull backs been met with buyers looking for value. Tight trading range for the DOW which managed to etch a slight gain for the day as markets prepared for the Thanksgiving holiday today. Bullish momentum remains fully in place. FTSE attempt to ... Read More
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