Kurt Osterberg

Browsing All Posts By Kurt Osterberg

Finance 0
Sensex Finishes Flat; Raymond Surges 6.4%

Indian share markets traded marginally higher in the afternoon session. At the closing bell, the BSE Sensex stood higher by 36 points, while the NSE Nifty finished up by 24 points. Meanwhile, the...
On July 5, 2017 / By Kurt Osterberg
Finance 0
Global Stocks Rebound From Korea Jitters; S&P Flat As Fed Minutes Await; Oil Slides

S&P futures were little changed at 2,425, ignoring the N.Korea tensions of the past two days which will likely be a major topic in the upcoming G-20 summit, as European stocks fluctuate and Asian ...
On July 5, 2017 / By Kurt Osterberg
Finance 0
EUR/USD, USD/JPY Setup Contracting Triangle Chart Patterns

EUR/USD 4 hour The EUR/USD pullback is creating a contracting triangle chart pattern via the trend lines (blue/red). A bullish break above resistance (red) could see price approach the Fibonacci targe...
On July 5, 2017 / By Kurt Osterberg
Finance 0
WTI Crude Oil And Natural Gas Forecast – Wednesday, July 5

WTI Crude Oil The WTI Crude Oil market did very little during the session on Tuesday, as the Americans would have been away for Independence Day celebrations. The $47.50 level above is resistive, as i...
On July 5, 2017 / By Kurt Osterberg
Finance 0
Sterling Stalls As Data Misses, Bulls Banking On BOE

Shift in Tone by BOE Comments by BOE Governor Mark Carney at last week’s Sintra panel saw strong Sterling demand kick in as markets reacted to the BOE’s perceived shift in sentiment. The BOE gover...
On July 5, 2017 / By Kurt Osterberg
Finance 0
In European Union-Japan Trade Deal, Tariff Reduction Unlikely To Be Good For Car Makers In Both Blocs

Lower tariff barriers generally benefit consumers in the form of lower prices. If they don’t increase overall unemployment, they will lead to gains for the economy as a whole. However, they will...
On July 5, 2017 / By Kurt Osterberg
Finance 0
Understanding The MACD And RSI Forex Indicators

The Moving MACD (Average Convergence Divergence) and RSI (Relative Strength Index) are two of the most popular indicators for forex traders. These two simple indicators measure the speed and change of...
On July 5, 2017 / By Kurt Osterberg
Finance 0
US High Yield Credit Spreads Low – As They Should Be?

Most people are probably aware that US High Yield credit spreads are trading at the bottom end of the range – almost 1 standard deviation below the long term average. This is a fact. But wha...
On July 5, 2017 / By Kurt Osterberg
Finance 0
USDX Elliott Wave View: Correction In Progress

Short term USDX (USD Index) Elliott Wave view suggests the rally to the 97.88 high on 6/20 ended Intermediate wave (X). A decline from there is unfolding as an impulse Elliott Wave structure with...
On July 5, 2017 / By Kurt Osterberg
Finance 0
Dollar Firm As Investors Await Fresh Directional Cues

The US dollar is enjoying a firm today. Yesterday’s two weakest major currencies, the Australian dollar and Swedish krona are the strongest currencies, but little changed on the session. After ...
On July 5, 2017 / By Kurt Osterberg