Jiming Huang / Blog
The Swiss franc keeps on weakening against the euro and is now trading below 1.17. Late last July the EUR/CHF pair jumped from 1.10 to 1.15 and since the pair continues rising. This morning the sight deposits have been released and it seems that at current levels, the SNB is less under pressure...
The US dollar has been rallying strongly since the market opening this morning. The greenback extended gains against all its G10 peers, rising the most against the Japanese yen and the Swiss franc (+0.65% both), the New Zealand dollar (+0.45%) and the Swedish krona (+0.38...
A Christmas rally is possible. (By Yann Quelenn) • Bitcoin is now consolidating below 12k. The technical structure shows a tremendous positive short-term momentum. Hourly support is located...
Ready for another leg higher. (By Yann Quelenn) • Crude oil has finished its consolidation and is now ready to challenge the 60-dollar level. Expected to show continued increase. Support is...
Collapsing. (By Yann Quelenn) • Silver is heading lower. Hourly support can be found at 16.13 (07/08/2017 low). Hourly resistance is given at 17.46 (13/10/2017 high...
Ready for further downside. (By Yann Quelenn) • Gold is pushing lower. The technical structure confirms the end of the consolidation phase. Support lies at a distance at 1251 (08/08/2017...
Continued increase. (By Yann Quelenn) • EUR/CHF continues to push towards resistance area above 1.17 and support given at 1.1610 (27/10/2017 low). Expected to show continued...
Monitoring symmetrical triangle. (By Yann Quelenn) • EUR/GBP is consolidating after the recent collapse. The pair has broken hourly support at 0.8791 (07/11/2017 low). Resistance is located at...
Riding downtrend channel. (By Yann Quelenn) • AUD/USD is ready to go even lower showing that downside pressures are still lively. Hourly resistance is given at a distance at 0.7897...