Daily technical outlook for USD/JPY: Societe Generale
Feb 26, 2015 10:00 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -After an accelerated up move, USD/JPY is evolving within a consolidation which appears to be a triangle (120.70/85-115.50). Monthly indicator is close to resistance and...
Daily technical outlook for EUR/GBP: Societe Generale
Feb 26, 2015 09:48 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 outlook for GBP/USD: Societe Generale
Feb 26, 2015 09:46 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 technical outlook for USD/CHF: Societe Generale
Feb 26, 2015 09:41 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 26, 2015 09:39 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 key...
EUR/USD to decelerate to 1.10 at year-end 2015: Societe Generale
Feb 26, 2015 09:06 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -Since April 2014, the EUR/USD has depreciated from 1.38 to 1.14 (-18%). In trade-weighted terms, the euro has fallen by only 10% since spring 2014. Overall, we expect...
Eurozone HICP inflation likely to pick up to 1.5% in the spring of 2016: Societe Generale
Feb 26, 2015 09:04 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -Eurozone HICP inflation is set to remain negative in the coming months (probably -0.8% yoy in February). A key question is how much the fall in the euro exchange rate...