Jiming Huang / Profile

The US dollar received a much needed fresh boost yesterday amid the release of better-than-expected data from the world’s largest economy. Firstly, the second print on the second quarter GDP was revised to 3%q/q (annualised) from 2...

Where will it stop? (By Yann Quelenn) • Bitcoin has set a new all-time high. Hourly support lies very far at 3599 (22/08/2017 low). The road is wide open for another bullish move...

GBP recovered slightly, however the correction is more likely short term then a structural shift. GBPUSD is consolidating around the 1.30 handle while EURGBP in a bull channel has no real resistance till 0.9415. The Bank of England remains dovish which corresponding to market pricing...

After tumbling against most majors yesterday amid heightening tensions between North Korea and roughly the rest of the world, the US dollar pared losses on Tuesday as the overall risk sentiment improves. The dollar index printed a multi-year low yesterday as it fell 0.70% to 91...

For the first time this year, gold has broken the strong resistance at $1300 and the precious metal is now standing around 1317$, its highest level since 2016. The summer was quiet but volatility is back due to the escalating tensions between the US and North Korea...

nvestors piled into safe havens on Tuesday morning amid rising global uncertainties. Firstly, last week comments from Donald Trump have heightened concerned about a potential government shutdown should the Congress keeps refusing to fund the wall along the southern border with Mexico...

The Eurodollar pair has spiked in Friday above 1.1950 on Draghi’s comments, its highest level since January 2015. He mentioned that he is confident about the global recovery which he considers that is improving...

Despite failing to extend gains beyond the 1.15 threshold, EUR/CHF was able to consolidate gains. The pair has been trading between 1.1259 and 1.1538 for the past four weeks. However, the single currency has completed its catch-up rally against the Swiss franc...

Short-term bearish. (By Yann Quelenn) • Crude oil is trading lower. Hourly support is given at 46.46 (17/08/2017 high). Strong resistance can be found at 50.41 (31/07/2017...

Range bound. (By Yann Quelenn) • Silver's bullish pressures remain despite ongoing consolidation. Hourly resistance is given at 17.32 (18/08/2017 high) while support can be...

Monitoring resistance at 1300. (By Yann Quelenn) • Gold is consolidating within an symmetrical triangle. Hourly support is given at 1251 (08/08/2017 low). Stronger support lies at 1204...

Consolidation around 1.14. (By Yann Quelenn) • EUR/CHF recovery bounce has stalled below downtrend resistance located at 1.1407. Hourly support is located at 1.1260 (04/08/2017 low...

Buying pressures continue. (By Yann Quelenn) • EUR/GBP's buying pressures continues. Hourly resistance lies at 0.9415 (10/07/2017 high). Hourly support is given at 0.9189 (24/08/2017 low...

Heading higher. (By Yann Quelenn) • AUD/USD has broken downtrend channel. Hourly support can be found at 0.7786 (18/07/2017 low). Hourly resistance is given at...

Selling pressure continue. (By Yann Quelenn) • USD/CAD selling continues. Hourly support is given at a distance at 1.2414 (27/07/2017 low) while resistance is now given at a distance at...

Selling pressures increase. (By Yann Quelenn) • USD/CHF is heading lower. Higher resistance is given at 0.9771 (15/06/2017 high). Hourly support at 0.9584 (08/11/2017 low) has been...

Volatility is fading around 109.00. (By Yann Quelenn) • USD/JPY has bounced strongly off support. The pair is likely to retest towards former support at 108.13 (17/04/2017 low) . Expected to...

Bouncing higher. (By Yann Quelenn) • GBP/USD bearish momentum has bounced around support given at 1.2774 (24/08/2017 high). Hourly resistance is given at 1.3031...

Bullish breakout. (By Yann Quelenn) • EUR/USD short-term bullish pressures are increasing. The pair has broken hourly resistance at 1.1910 (02/08/2017 high) while hourly support...

Officials from around the world gathered in Jackson Hole, and speeches by US Federal Reserve Chair Janet Yellen and European Central Bank (ECB) President Mario Draghi were eagerly anticipated for any hints about the path of the respective monetary policies they provide...