Jiming Huang / Profile

After hitting 1.1711 against the Swiss franc, its highest level since the SNB removed the 1.20 floor, EUR/CHF started to reverse gains in the wake of last Thursday’s ECB meeting...

Monitoring all-time high. (By Yann Quelenn ) • Bitcoin remains weak as long as prices remains below the key resistance at 6063. Strong support stands very far at 2975 (22/08/2017 low). However...

Pushing towards key resistance. (By Yann Quelenn ) • Crude oil is consolidating within range defined by support at 50.43 and the strong resistance lies at 52.86 (28/09/2017). Expected to show...

Continued decline. (By Yann Quelenn ) • Silver is again grinding lower. Hourly support can be founds at 16.88. Hourly resistance is given at 17.46 (13/10/2017 high). Additional support...

Riding lower. (By Yann Quelenn ) • Gold remains weak. The technical structure confirms an underlying bearish trend. Strong support lies at a distance at 1204 (10/07/2017...

Back within former uptrend channel. (By Yann Quelenn ) • EUR/CHF is back within former uptrend channel. Support is given at 1.1610 (intraday low). Rising channel suggests further bullish...

Monitoring support area. (By Yann Quelenn ) • EUR/GBP is showing increasing short-term buying interest near the weak support at 0.8899 (19/09/2017 low). However, as long as prices are...

Continued weakness (By Yann Quelenn ) • AUD/USD has weakened. The pair has broken support at 0.7733 (06/10/2017 low) Hourly resistance is given at 0.7897 (13/10/2017 high...

Surging. (By Yann Quelenn ) • USD/CAD has broken resistance at 1.2778 (15/08/2017 high). This suggests an extension of bullish momentum. Hourly support lies at 1.2331...

Bullish breakout. (By Yann Quelenn ) • USD/CHF is clearly in a strong bullish momentum. The technical structure suggests an improving short-term buying interest. Expected...

Heading higher. (By Yann Quelenn ) • USD/JPY has bounced back lower after reaching after setting a new hourly resistance at 114.24 (25/10/2017 high). Next key resistance can...

Pushing lower. (By Yann Quelenn ) • GBP/USD has successfully broken support at 1.3088 (12/10/2017 low). Resistance lies at (1.3229 reaction high) bouncing towards 1.3027...

Sharp decline. (By Yann Quelenn) • EUR/USD has broken support at 1.1725 (23/10/20107 low) which has triggered bearish extension to strong support given at a distance...

As expected, on 26 October the European Central Bank announced a further reduction in the pace of its monthly bond purchases to EUR 30bn from EUR 60bn and extended the program by nine months. In reaction, the Euro Stoxx 600 gained 1.1%, while the euro fell 1.4% versus the USD...

Sentiment data dominates the week ahead, with Monday seeing the release of Switzerland's KOF Indicator. Brussels will release Eurozone business climate data the same day. From Tuesday through Friday, we'll see a raft of PMI data from around the globe...

The ECB meeting disappointed markets as they were expecting a more hawkish stance from the ECB. Even though it was priced in that the QE would be largely extended, the bond purchase program will now be extended until next September, the amount has only been cut in half...

Today we will get US 3Q GDP read. On the balance softer retail inventories were offset by stronger wholesalers’ inventories which suggest that GDP should track near 2.8% q/q significantly above the market read of 2.6% q/q. Pending home sales were flat in September after declining to 2...

US 10-year yield rose to 2.43 the highest levels since March. A series of factor that provided a confusing outlook for the US look to have converged supporting demand for US assets. Economic data such as ISM and Durable goods have surprised significantly to the upside...

Today, the main event is obviously the ECB meeting with announcement of the interest rate decision at GMT 11:45 followed by a press conference at GMT 12:30...

The spot price of an ounce of Gold is edging lower over the uncertainties on the next Fed Chair. An ounce of Gold is now trading around $1273 down around 0.25% in the last 24 hours...