Jiming Huang / Blog
Success test of resistance. (By Peter Rosenstrelch) ·Gold has bounce successfully tested resistance indicating a challenge of support, Hourly support and resistance are given at 1282...
The US dollar started the days off to wheel as investors cheered the successful conclusion of the Trump-Kim summit. During the Asian session, the dollar index bounced to 93.89 as the single currency fell as low as 1.1741, USD/JPY rose to 110.49 and USD/CHF hit 0.9884...
On the surface, risk is building, yet underneath, volatility continues to compress. The VIX volatility index at 12.33 is at levels not seen since January. Financial markets are less concerned about geopolitical hype and more focused on fundamentals...
Weak bounce. (By Peter Rosenstreich) • AUD/USD has weakened near the resistance at 0.7652 breaking the hourly support at 0.7595 (07/06/2018 low). Break of the strong resistance...
Weak bounce. (By Peter Rosenstreich) • AUD/USD has weakened near the resistance at 0.7652 breaking the hourly support at 0.7595 (07/06/2018 low). Break of the strong resistance...
Choppy consolidation. (By Peter Rosenstreich) • USD/CAD has successfully bounced off uptrend support, approaching key downtrend resistance. Hourly support and resistance are...
Bouncing. (By Peter Rosenstreich) • USD/CHF displayed some buying interest near the support at 0.9778 (downtrend line support) yesterday. However, prices need to break the...
Sharp spike. (By Peter Rosenstreich) • USD/JPY continues to rise after its bullish reversal pattern from 108.39 (31/05/2018 low). Strong support and resistance are located at...
Bouncing. (By Peter Rosenstreich) • GBP/USD has bounced near the support yet the resistance at 1.3458 has thus far not been decisively broken. Key support and resistance...