Daily technical outlook for GBP/USD: Societe Generale
Feb 19, 2015 10:48 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. -Short term, the pair...
Daily outlook for USD/CHF: Societe Generale
Feb 19, 2015 10:47 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 re-integrated within a multiyear channel. -With...
Daily technical outlook for EUR/USD: Societe Generale
Feb 19, 2015 10:42 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -EUR/USD after breaking below the multiyear triangle(1.2220) has achieved the initial target of 1.12. Monthly RSI is testing a support however, there are no signs of...
Daily outlook for base metals prices
Feb 19, 2015 10:34 am UTC| Commentary
Quotes from Commerzbank Corporates Markets: -The World Bureau of Metal Statistics (WBMS) published supply and demand data for the individual metals in 2014 as a whole yesterday, some of the figures proving surprising....
Feb 19, 2015 10:33 am UTC| Commentary
Quotes from Commerzbank Corporates Markets: -For the first time since early January, the gold price briefly dipped below the psychologically important $1,200 per troy ounce mark again yesterday. Because the Chinese are...
Daily outlook for crude oil prices
Feb 19, 2015 10:32 am UTC| Commentary
Quotes from Commerzbank Corporates Markets: -Oil prices dropped by as much as 3% yesterday and still find themselves under pressure this morning. Brent is trading at below $59 per barrel, while the WTI contract - which...
Feb 19, 2015 10:17 am UTC| Commentary
Quotes from RBC Capital Markets: -SEK: Comments from Riksbank Deputy Governor Jansson overnight seem to confirm the central banks QE programme will be reassessed on an ongoing basis and the SEK10bn committed so far is...