Jiming Huang / Blog
Selling pressures continues. • Silver declines. Closest support is given at 16.44 (18/05/2017 low). Strong support is given at 16.06 (09/05/2017 low). Key resistance is given at a distance at 19.00 (09/11/2017 high). The...
Monitoring uptrend channel. • Gold is now monitoring the lower bound of the uptrend channel. Hourly support is located at 1249 (intraday low). Stronger support is given at 1214 (09/05/2017 low). Expected to show...
Failing to hold above 1.0900. • EUR/CHF's bearish pressures are back. Yet, we believe that the medium-term pattern suggests us to see continued bearish pressures towards hourly support that can be found at 1.0792...
Bearish pressures increase. • EUR/GBP is back below former support given at 0.8787 (13/03/2017 high). Other support can be found at 0.8652 (08/06/2017 low). Expected to further decline...
Monitoring symmetrical triangle • EUR/JPY has bounced back after breaking hourly support given at 122.56 (18/05/2017 low) has been broken. Hourly resistance can be found at 125.82 (16/05/2017 high). Major support is...
Profit-taking. • AUD/USD is pushing higher since the pair has failed to reach hourly support given at 0.7329 (09/05/2017 low). The technical structure is clearly positive and the pair should head towards...
Trading sideways. • USD/CAD has strongly declined and is now consolidating. Hourly support lies at 1.3165 (14/06/2017 high). Expected to show continued weakness towards support given at 1.3010...
Bearish pressures arise. • USD/CHF is pushing lower. Hourly resistance given at 0.9727 (09/06/2017 high) has been broken. Strong resistance is given at 1.0107 (10/04/2017 high). Expected to show continued...
Consolidating. • USD/JPY is trading sideways after short-term surge. Hourly support can be found at 108.89 (14/06/2017 high). Strong support is located at 108.13 (17/04/2017 low). Hourly resistance given...