Jiming Huang / Blog
In a White House marked by infighting, top economic aide Gary Cohn, a Democrat and formerGoldman Sachsbanker, is muscling aside some of PresidentDonald Trump'shard-right advisers to push more moderate, business-friendly economic policies...
UK snap election is adding uncertainty to an already busy EU political agenda Theresa May surprised markets yesterday as she seeks early general election on June 8...
Breaks rising trendline. • Crude oil has pulled-back after its recent sharp rise. Support can be located at 50.71 (08/02/2017 low). Hourly resistance can be located at 54 (07/04/2017 high then strong resistance stands at...
Bullish pause. • Silver is rising sharply above 18.49, validating the recent technical improvements. Strong resistance is given at a distance at 19.00 (09/11/2017 high). Key support is given at 17.74...
Bullish pause. • Gold has broken the key resistance area 1263. This validates a bullish reversal pattern with an upside potential at 1337. The hourly support at 1263 (previous resistance) has...
Declining toward the support at 0.8450. • EUR/GBP has broken the key supports area between 0.8787 (13/03/2017) high and 0.8484 (31/03/2017 low). The short-term technical structure is negative as long as the hourly...
Recovery bounce back into falling channel. • EUR/JPY recovery bounce off trendline support at 115.95 continues, yet within falling channel. Next support is given at 113.73...
Moving sideways. • EUR/CHF remains weak as can be seen by the succession of lower highs and lower lows. Hourly resistances can be found at 1.0691 (07/04/2017 high). The medium-term pattern suggests us to...
Fading near the resistance at 0.7610. • AUD/USD has failed to break short term resistance at 0.7610, reversing bullish momentum. Key resistance stands at 0.7681 (30/03/2017 high). Hourly support is located at...