Jiming Huang / Profile

Continued weakness (Yann Quelenn ) • USD/JPY's bearish momentum continues. Hourly support given at 110.62 (24/06/2016 low) has been broken. Stronger support is located at...

Momentum is fading around strong resistance area. (Yann Quelenn ) • GBP/USD still lies within a bullish trend. Hourly resistance is given at 1.3159 (27/07/2017 high...

Heading higher. (Yann Quelenn ) • EUR/USD bullish pressures continue. Hourly resistance is given at 1.1777 (25/07/2017 high). Hourly support can be found at 1.1613...

The ruble is trading sideways around 60 ruble and this may not last long as the USDRUB pair is under pressures. While the Russian economic data are improving, there are other geopolitical issues that may have strong consequences on the future of the Russian economy. Indeed, U...

Durable goods orders printed well above median forecast suggesting a solid recovery in June after two months of contraction. The headline gauge increased 6.5%m/m versus 3.9% expected and an upwardly revised figure of -0.1% in May...

The news did not make massive headlines. The VIX, the US volatility index which is also known as the “Fear Index”, just collapsed to an all-time low below 10. We recall that the 20-year average is above 20 for the index...

As broadly expected, FOMC members decided to leave monetary policy unchanged, maintaining the target range for the federal funds rate to 1% to 1.25% and not providing a clear timing about its balance sheet reduction plan. Little changes were made to the statement compared to the June version...

The divergence between surveys and hard data in the US continued yesterday. The Conference board’s index of consumer confidence increase to 121.1 in July assent expectations for marginal decline...

The headline inflation measure fell unexpectedly in the second quarter, printing at 1.9%y/y versus 2.2% expected and down from 2.1% in the previous quarter...

Judging from the bullish rush in the Euro the global reflation trade is back on. Investors are piling into risky asset to capture real returns, driving inflows into equities (relative growth over value) and EM...

Over the last four weeks the Brazilian real rallied more than 7% against the greenback amid easing political uncertainties. USD/BRL fell from 3.3485 to 3.1111 before stabilising at around 3.1450...

The US real estate market keeps on growing very significantly. One key indicator of the US economy, existing homes sales keep increasing and are now at 2007 level. Today will be released June data and should remain around May levels at all time high...

The Japanese has been rally strongly over the last two weeks as investors continued to discount the Fed’s hawkish stance. USD/JPY broke the 111 support (psychological level and Fibonacci 61.8% on June-July rally) to the downside...

Consolidating around 2700. (By Yann Quelenn ) • Bitcoin has surged strongly last week. Hourly resistance can be found at 3000 (12/06/2017 high) and hourly support is given at 2615...

Renewed bearish pressures. (By Yann Quelenn ) • Crude oil is trading lower. Hourly support is given at 43.65 (10/07/2017 low). Strong resistance given at 48.42 (05/06/2017). Expected...

Bullish. (By Yann Quelenn ) • Silver is pushing higher after the bounce still bouncing from hourly support given at 15.18 (10/07/2017 low). Key resistance is given at a...

Bullish momentum continues. (By Yann Quelenn ) • Gold's is trading higher after the precious metal reached the support given at 1204 10/07/2017 high). Hourly resistance lies at 1258...

Pushing higher. (By Yann Quelenn ) • EUR/CHF is still trading above psychological level at 1.1000 and the pair is ready to monitor 1.1100. Selling pressures are growing below...

Stalling below 0.9000. (By Yann Quelenn ) • EUR/GBP is very volatile. The pair has surged toward 0.9000. Hourly resistance is given at a distance at 0.8742 (16/07/2017 low). Downside...

Consolidating. (By Yann Quelenn ) • AUD/USD's technical structure is bullish since early May despite some profit-taking. Hourly resistance is given at 0.7989 (19/07/2017 high...