Jiming Huang / Profile

The USDJPY has been increasing since the last week of November and is now monitoring stronger levels below 114 yen for one single dollar note. The yen is getting weaker but remains way too strong for the Bank of Japan to start normalizing its monetary policy...

Many market participants expected that the introduction of Bitcoin futures trading would trigger a sharp correction, as it would be finally possible to take short positions. In fact, the opposite happened, the price soared more than 20% and returned above the $17,000 threshold...

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...

Monitoring resistance at 1.2667. (By Yann Quelenn) • USD/CAD is approaching hourly support lies at 1.2667 (10/11/2017 low). Hourly resistance stands at 1.2917 ( 27/10/2017 high).Expected to show...

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...