Daily technical outlook for EUR/GBP: Societe Generale
Feb 24, 2015 10:34 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -After breaking below a multiyear trend line, EUR/GBP is extending the downtrend. Monthly RSI is breaching a graphical floor and the pair looks poised to drift towards...
Daily technical outlook for GBP/USD: Societe Generale
Feb 24, 2015 10:33 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -GBP/USD tested a multiyear upward channel limit at 1.49. Monthly indicator is testing a similar support highlighting 1.49 as an important level. -Shortterm, the pair...
Daily technical outlook for USD/CHF: Societe Generale
Feb 24, 2015 10:30 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -USD/CHF retraced after testing resistance at 1.00/1.02. The pair pierced below last year lows of 0.87/0.8570 and has reintegrated within a multiyear channel. -With...
Daily technical outlook for EUR/USD: Societe Generale
Feb 24, 2015 10:29 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -EUR/USD achieved our initial target of 1.12 and has bounced from the lower limit of a descending channel. Monthly RSI is testing a support suggesting 1.12/1.1090 as...
Daily outlook for base metals prices
Feb 24, 2015 10:26 am UTC| Commentary
Quotes from Commerzbank Corporates Markets: -According to data from the International Lead and Zinc Study Group (ILZSG), the global lead market was balanced in 2014, as indeed it already had been in the previous year....
Feb 24, 2015 10:25 am UTC| Commentary
Quotes from Commerzbank Corporates Markets: -The gold price is battling with the psychologically important $1,200 per troy ounce mark. Yesterday saw it dip below this threshold for a time to hit a seven-week low of...
Daily outlook for crude oil prices
Feb 24, 2015 10:24 am UTC| Commentary
Quotes from Commerzbank Corporates Markets: -Oil prices shed 2% yesterday and remain under selling pressure this morning. Brent is trading only just above $58 per barrel and is thus nearing last Thursdays low. WTI has...
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