Jiming Huang / Profile

As we mentioned several times, geopolitical tensions were very calm this summer and investors were dropping gold which was very close to $1200 an ounce...

The Japanese yen has been trading on a firmer footing since the beginning of the week as the tensions between North Korea and the United States keep escalating. The Japanese currency, which is fulfilling completely its safe haven role, surged as much as 1...

The New Zealand dollar already started the week on the back foot on the heel of a disappointing second quarter’s inflation figures. It was only the beginning. On Thursday, the Kiwi took another hit but from the central bank this time...

It is very likely that Banxico will maintain tonight its rate differential with the Fed. The Mexican central keeps on trying to avoid capital outflow that would result from a narrower rate differential. As a result Banxico should keep on hold its overnight rate to 7...

Markets did not expect it, German industrial production has surprisingly strongly declined in June to -1.1% (monthly performance) while markets estimated the data to increase around 0.2%. However the overall annualized performance remains positive at 2.4...

The News Zealand dollar tumbled on Monday after a survey showed businesses expect inflation to move south soon. On-year inflation expectations slid to 1.77%y/y from 1.92% three months ago, while two-year ahead inflation expectations fell to 2.09%, down from 2.17% previous reading...

All-time high!! (Yann Quelenn) • Bitcoin has surged above 3000. Hourly resistance is given at 3292 (06/08/20181 high) and hourly support lies very far at 2403...

Riding symmetrical triangle. (Yann Quelenn) • Crude oil is trading mixed. Hourly support is given at 47.86 (26/07/2017 low). Strong resistance can be found at 50.41 (31/07/2017...

Short-term bullish momentum is fading. (Yann Quelenn) • Silver's bullish pressures have faded after the commodity reached hourly resistance at 16.94 (02/08/2017 high). The commodity has broken...

Pushing lower. (Yann Quelenn) • Gold is consolidating lower. The commodity has broken support at 1254 (27/07/2017 low)/ Strong support is given at 1204 10/07/2017 high...

Profit-taking. (Yann Quelenn) • EUR/CHF's buying pressures are fading and selling pressures arise. Hourly support is located at a distance at 1.1412 (04/08/2017 low...

Bullish pressures persist. (Yann Quelenn) • EUR/GBP is trading around its highest levels of the year. The pair keeps on pushing higher. Hourly resistance lies at 0.9054 (04/08/2017 high...

Selling pressures continue to increase. (Yann Quelenn) • AUD/USD's short-term technical structure is bearish. Hourly resistance is given at 0.8066 (27/07/2017 high) while hourly support can be...

Short-term bullish momentum continues. (Yann Quelenn) • USD/CAD's short-term bullish momentum continues. Hourly resistance is given at 1.2619 (03/08/2017) while support can be found at...

Testing strong resistance. (Yann Quelenn) • USD/CHF's bullish momentum continues. Hourly support can be found at 0.9631 (01/08/2017 low). Strong resistance is given at...

Riding downtrend channel. (Yann Quelenn) • USD/JPY's bearish momentum continues. Yet, the pair is monitoring resistance implied by the upper bound of the downtrend channel. Hourly...

Monitoring medium-term uptrend. (Yann Quelenn) • GBP/USD still lies within a bullish trend despite ongoing consolidation. Hourly resistance is given at 1.3267 (03/08/2017 high). Hourly support is...

Profit-taking. (Yann Quelenn) • EUR/USD bullish pressures are still on despite ongoing consolidation. The pair has reached 1.1910 (02/08/2017 high). Hourly support can be...

That was not a surprise yesterday, the BoE held rates unchanged at 0.25% and the asset purchase target will be kept at £435 billion. 10 billion of corporate bonds will also be purchased but this does not change from what was previously decided...

Yesterday I argued that the dollar may have reached a bottom and that further weakness is not justified...