Jiming Huang / Blog
Lack of follow-through. (By Yann Quelenn) • USD/CHF has been very volatile lately. The technical structure indicates further downside risks. The pair has failed to hold consistently...
Short-term increase. (By Yann Quelenn) • USD/JPY keeps on pushing higher. The pair has strongly bounced back. Hourly resistance is given at 112.70 (30/11/2017 high...
Strong buying demand. (By Yann Quelenn) • GBP/USD has been trading lower over the past few days but the technical structure indicates an extension of bullish momentum. Support is given...
Ready to bounce back. (By Yann Quelenn) • EUR/USD's bullish momentum continues. Hourly resistance is now given at 1.1961 (27/11/2017 high). Hourly support is given at...
The US labor market report next Friday should have lesser importance for once. Given how solid US economic data has been of late, a Federal Reserve rate hike in December seems highly likely and is almost fully priced by markets...
For economists, the end of the year is often a gentle wind-down. This is not the case in 2017. The dullest event is the US Federal Reserve meeting (December 13). The Fed has basically told markets that there will be a 0.25 percent rate increase. Markets, for once, have listened...
Now that the Bitcoin has reached 10k dollar. Speculation regarding its futures are reaching a climax. Some sees it at 1 million dollar like John Mcafee who in a tweet declared that he was increasing its forecast on the digital currency...
After a promising start into the week, the greenback is back in the doldrums as investors scale down their long USD positions. After rising as much as 0.75% during the week, the dollar index reversed gains and returned at around 92.80 on Friday morning...
While the market focus is clearly on Crypto currencies conditions are steady improving for EM FX. Constructive global backdrop including improved risk appetite and strong growth will send investors deeper into select EM currencies...