Search Results for: Euro area
OSB Daily Technical Analysis – Currency pairs
September 3rd, 2014
OSB Daily Technical Analysis for September 3, 2014 EURUSD had a mixed day on Tuesday only to close at a similar level to the previous day, finding short term support around the 1.3130 area. The pair might be heading ...
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 ...
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 ...
Video game tax relief comes into force
August 26th, 2014
British companies developing video games will be able to claim tax relief of up to 25% on their production costs from this week. The video game tax relief legislation, which came into force officially on 1 April 2014 can ...
S&P 500 index over 2,000 for first time
August 26th, 2014
US shares hit a record high yesterday, with the S&P 500 index breaking the 2,000-point mark during trading for the first time in its history. Global investors have piled into American stocks, pumped up by cheap money from central ...
Gold – $1275 Level Stays True to Form
August 26th, 2014
Gold for Tuesday, August 26, 2014 Over the last week now Gold has been falling lower back towards the medium term support level at $1290 however to finish out last week it fell sharply down to the previous key ...
OSB Daily Technical Analysis
August 26th, 2014
OSB Daily Technical Analysis for August 26, 2014 EUR/USD A gap lower for the EUR/USD following the announcement of ECB intentions to stimulate the economy. Support is at the 52 week low close at 1.3105. A close below this ...
Technical Analysis EUR/USD heads towards 1.31
August 21st, 2014
Technical Analysis EUR/USD for August 21, 2014 Pair’s Outlook Despite toughness of the demand area around 1.33 and ‘buy’ signals on the monthly chart, the bears continued to push the price lower. The currency pair has already closed beneath ...
How Money is Made
August 20th, 2014
Last month, the BRICS countries (Brazil, Russia, India, China, and South Africa) announced the establishment of their own development bank, which would reduce their dependence on the Western-dominated, dollar-focused World Bank and International Monetary Fund. These economies will benefit ...
OSB Daily Technical Analysis
August 19th, 2014
OSB Daily Technical Analysis for August 19, 2014 EUR/USD – consolidating at these levels, remains bearish. The EUR remains weak while it retests support levels at the 1.33 area. No signs of strength with strong possibility to continue downward ...
