Everything Goldman Sachs predicts for 2017 - in one chart the source
NZD/USD: breakdown with the bearish reversal. The pair is on secondary correction within the primary bullish condition with 0.6950 support level to be testing to below for the reversal of the price movement to the primary bearish market condition. The price is located within the following key support/resistance levels: 0.7292 resistance level located far above Ichimoku cloud on the primary bullish area of the chart, and0.6950 support level located near Senkou Span line of Ichimoku ...
EUR/USD: bearish ranging within narrow levels. This pair is on primary bearish market condition located below Ichimoku cloud and below Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the chart. Intra-day price is on ranging within the narrow s/r levels for the bearish trend to be continuing or to the bear market rally to be started. if the price breaks 1.1294 resistance so the ...
Could oil prices collapse to $20? "The short answer is ‘yes.’ We believe that crude oil prices could fall further unless global oil production is reduced. As shown in Table 2, we estimate that the global oil market could be oversupplied by roughly 920,000 bpd in 2016. The key assumptions are year-over-year growth in global demand of 1.2 million bpd, Saudi Arabia, Iraq and Libya hold production ...
"USD: EM and G10 Divergence. Bullish. We remain USD bulls but recognize that USD could see some correction against EUR in the near term as European yields head higher on the back of reflationary signs. This could spill over to mild weakness against other G10, but we remain bullish against EM. Higher volatility will reduce the attraction of EM carry, particularly as core yields rise across the board, narrowing interest rate differentials. In the medium term, we still expect USD to be ...
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