Jiming Huang / Profile

The deadline for Catalonia to provide clarity on independence declarations has come and gone. In the eyes of Madrid the lack of a response was the same as maintained Catalonia demand for independence. Rajoy and the Spanish government have been unwilling to take their feet off the petal...

The New Zealand dollar took a hit on Thursday, falling more than 1.70% against the US dollar as investors reacted to the outcome of the coalition government. The Kiwi started to tumble around mid-day local time following rumours that the Labour Party was about to form a coalition government...

If markets need further evidence they should fade everything US president Trump say in public we got the semi-annual Treasury report. The most glaring omission was the US treasury against declined to label China a currency manipulator despite very public tough attitude...

Crude oil prices extended gains on Tuesday with the WTI and Brent rising 0.50% and 0.80%, respectively, amid mounting geopolitical tensions and shrinking oil inventories...

Today will be released the US industrial production and is expected to increase to 0.3%m/m from a month earlier at -0.9%m/m. The greenback which has largely weakened since the start of the year is now facing upside pressures since European political worries are accelerating...

The minutes of the last RBA meeting were released early this morning...

The single currency decreased after the market opening against the dollar. The Austrian Legislative Election brought new uncertainties...

The US dollar experienced another broad-based sell-off last Friday amid disappointing inflation and retail sales data. Commodities currencies benefited the most of this renewed USD weakness as investors discounted an aggressive Fed rate path. The single currency rose 0.58% to 1...

Where will it stop? (Yann Quelenn ) • Bitcoin is definitely on a strong momentum. Strong support stands very far at 2975 (22/08/2017 low). Bitcoin si ready to set up new all-time high. The road is wide open for further increase. In the short-term, the digital currency should monitor $6000...

Riding the range. (Yann Quelenn ) • Crude oil is pushing higher within a range defined by the support at 50.43 and the strong resistance lies at 52.86 (28/09/2017). Expected to show continued increase within this range. • In the long-term, crude oil has recovered after its sharp decline last year...

Higher. (Yann Quelenn ) • Silver has further improved as can be seen by the new resistance at 17.43 (13/10/2017 high). The precious metal keeps on trading above $17. Hourly support can be found at 16.13 (06/10/2017 low). Expected to show further increase...

Breaking 1300. (Yann Quelenn ) • Gold is back to bullish. The precious metal is way into an uptrend channel. Hourly support is given at 1291 (13/10/2017 low). Strong support lies at a distance at 1204 (10/07/2017 high). Expected to show continued bullish pressures...

Likely to further decrease. (Yann Quelenn ) • EUR/CHF still lies in a bullish trend. Yet, downside pressures are likely to accelerate. Strong resistance lies at a distance at 1.1623 (22/09/2017 high). Support is given at 1.1388 (02/09/2017 low). Downside risk is very likely...

Bearish pressures. (Yann Quelenn ) • EUR/GBP's weakness is only a consolidation. The pair is back below former resistance at 0.8899 (19/09/2017 low). The very short-term technical structure is now biased to the upside. Hourly support is given at a distance at 0.8746 (27/09/2017 low...

Consolidating below 0.79. (Yann Quelenn ) • AUD/USD has surged and is now pausing below 0.7900. Hourly resistance is given at 0.7897 (13/10/2017 high). Support lies at at 0.7733 (06/10/2017 low). Expected to show continued increase. • In the long-term, the trend is turning positive...

Middle of rising channel. (Yann Quelenn ) • USD/CAD continues to bounce within uptrend channel. Strong support is located at a distance at 1.2062 (08/09/2017 low). Hourly support lies at 1.2331 (26/09/2017 high). Resistance is given at 1.2663 (31/08/2017 high...

Pushing higher. (Yann Quelenn ) • USD/CHF is trading within uptrend channel, Hourly support stands at 0.9712 (12/10/2017 low). The technical structure suggests an improving short-term buying interest. Expected to show continued bullish pressures within uptrend channel...

Edging lower. (Yann Quelenn ) • USD/JPY keeps on declining. The pair is trading around 112.00. Strong hourly resistance is given at 113.44 (06/10/2017 high). Support is located at 111.12 (20/09/2017 low...

Continued increase. (Yann Quelenn ) • GBP/USD continues to rise after the break of falling channel. A support can be found at 1.3122 12/10/2017 low). Hourly resistance stands at 1.3338 (13/10/2017 high). • The long-term technical pattern is reversing...

Increasing selling pressures. (Yann Quelenn ) • EUR/USD momentum is reversing since the pair has set up an hourly resistance at 1.1878 (12/10/2017 high). Strong support is given at a distance at 1.1662 (17/08/2017 low). Expected to show some short-term consolidation...