Jiming Huang / Blog
Reversal ahead of resistance. (By Peter Rosenstreich) • Silver is again weakening and is now resting on support at 16.94. Hourly resistance is given at 17.46 (13/10/2017 high). Additional support can...
Fading bullish momentum. (By Peter Rosenstreich) • Gold remains weak as broken the support at 1284 confirms an underlying bearish trend. Strong support lies at a distance at 11267 then...
Sharp spike but resistance holds. (By Peter Rosenstreich) • EUR/CHF recovery bounce continues testing 1.1623 (15/09/2017 high). Support is given at 1.1388 (02/09/2017 low). Rising channel suggest...
Fading. (By Peter Rosenstreich) • EUR/GBP continues to bounce higher yet not important resistances have been broken (quick test). The pair is back below former resistance at 0.8899 (19/09/2017 low). Hourly support is given at a distance at 0.8746 (27/09/2017 low...
Drifting lower. (By Peter Rosenstreich) • AUD/USD broke out of sideways range by moving below support at 0.7821. Fading supply indicated a weak test of support at 0.7786. Hourly resistance is given at 0.7897 (13/10/2017 high). Key support lies at at 0.7733 (06/10/2017 low...
Preparing to challenge 1.2663. (By Peter Rosenstreich) • USD/CAD bullish drive suggest a challenge to 1.2663 horizontal resistance. Hourly support lies at 1.2331 (26/09/2017 high). Expected to show continued short-term bullish pressures within uptrend channel...
Pause in bullish momentum. (By Peter Rosenstreich) • USD/CHF has paused after breaking resistance at 0.9838. The technical structure suggests an improving short-term buying interest. Expected to show continued bullish pressures within uptrend channel. Hourly support stands at 0...
Bullish surge continues. (By Peter Rosenstreich) • USD/JPY jumped thru resistance located at 113.44. Next key resistance can be found at 114.49 (11/07/2017 high). Support is located at 111.12 (20/09/2017 low). • We favor a long-term bearish bias. Support is now given at 99.02 (10/08/2013 low...
Recovery bounce underway. (By Peter Rosenstreich) • GBP/USD has successfully tested support at 1.3155 bouncing strongly to resistance at (1.3228 reaction high). Hourly resistance stands at 1.3338 (13/10/2017 high). Key support can be found at 1.3122 12/10/2017 low...