Search Results for: oil
Monday October 13: OSB Daily Technical Analysis- Commodities
October 13th, 2014
OSB Daily Technical Analysis for October 13, 2014 Gold traded in a tight range of Friday managing to find support at the $1220 level which now appears to be a base support area. Bounce poised to continue with a ...
Venezuela ordered to pay $1.6 billion to Exxon
October 10th, 2014
International arbitration panel rules against South American nation in oil project complaint. An international arbitration panel has ordered Venezuela’s socialist government to pay $1.6 billion to ExxonMobil for the seizure of a major oil project in the South American ...
Australia 200 – Falls to Eight Month Low Near 5150
October 10th, 2014
Australia 200 for Friday, October 10, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
Friday October 10: OSB Daily Technical Analysis- Commodities
October 10th, 2014
OSB Daily Technical Analysis for October 10, 2014 Gold rallied intraday on Thursday and managed to get back above the 20 DMA. The bounce is rather natural following recent test of support below at $1200. Resistance above in the ...
Hong Kong protests about economics as much as democracy
October 10th, 2014
For years, Beijing has feared colour revolutions. Now, it has one on Chinese soil. The Occupy Central movement has morphed into the Umbrella Revolution. Tens of thousands of Hong Kong citizens, including students as young as 13, have taken ...
Dow plunges nearly 300 points on host of fears
October 10th, 2014
The Dow, S&P 500 and the Nasdaq are all tanking big-time. Renewed worries about global economic growth, corporate earnings and market valuations propelled U.S. stocks to huge losses Thursday. The Dow Jones industrial average sank 335 points (2%) to ...
CNPC Anti-Corruption Head Said to Be Detained for Investigation
October 9th, 2014
China National Petroleum Corp.’s executive in charge of rooting out graft has been detained by authorities, according to two officials at the country’s biggest oil and gas producer. Wang Lixin, the head of the discipline and inspection department at ...
Rouble falls to a new low
October 9th, 2014
The rouble has fallen to a new low against both the dollar and the pound today, as sanctions and falling oil prices continued to hit prospects for Russia’s economy. At pixel time one rouble would have bought you just ...
Thursday October 9: OSB Daily Technical Analysis- Commodities
October 9th, 2014
OSB Daily Technical Analysis for October 9, 2014 Gold bounce back continued on Wednesday with a close above $1220. Momentum build-up suggests a short term target of $1235-$1240 prior to meeting any resistance liable to push price back down. ...
Thursday October 9: OSB Daily Technical Analysis- Currency pairs
October 9th, 2014
OSB Daily Technical Analysis for October 9, 2014 EUR/USD rebound in full swing heading for resistance and 20 DMA at 1.2770 area. Further resistance above at 1.28. A close back below 1.27 puts the pair back in line with ...