Jiming Huang / Profile

The single currency continues to climb higher amid anticipations for tighter monetary policy in the Eurozone and in UK. Investors were absolutely not disrupted by Draghi and Carney‘s apparent communication shambles on monetary policy earlier this week...

Mario Draghi sent the euro much higher yesterday after his speech at the European Central Bank Forum. Markets felt relieved especially after his dovish comments a few weeks ago when he declared that the Eurozone still needed ECB stimulus...

Crude oil prices struggled to recover from the sharp sell-off that has sent a barrel of West Texas Intermediate to $42.05, down almost 20% from its peak of May 25th...

oday, no less than four Fed members will provide their views on monetary policy including Janet Yellen whose speech is tonight in London is expected to be on global economic issues. Financial markets will try and grab some hints regarding the Fed's path towards normalisation of monetary policy...

After falling more than 4% over the last seven weeks, USD/CAD has been stabilising at around 1.3250. This sharp appreciation of the loonie was quite surprising, especially against the backdrop of falling oil prices. Indeed, WTI futures for delivering in August slid to $43...

The Swiss deposits data release continues to outpace expectations. They are now reaching almost 580 billion CHF (578.2b vs 577.4b expected...

Volatility in interest rates continues to pick up as inflation data is mixed and central banks' guidance becomes more important. Nowhere is this more apparent than within the Fed. Markets go a full docket for FOMC members speaking publicly last week...

Consolidating before another likely decline. • Crude oil is now consolidating since the recent collapse from $52. Support given at a 42.20 (14/11/2017 low) has been broken. Expected to...

Ready for another leg lower. • Silver's selling pressures are strong despite ongoing bullish consolidation. Closest support is given at 16.36 (21/06/2017 low). Strong support is given at 16.06 (09/05/2017 low). Key resistance...

Setting higher-lows. • Gold's medium-term momentum is positive. Hourly support is located at 1240 (yesterday low). Stronger support is given at 1214 (09/05/2017 low). Expected to show short-term upside...

Heading lower. • EUR/CHF's bearish pressures are definitely on. Yet, we believe that the medium-term pattern suggests us to see continued bearish pressures towards hourly support that can be found at...

Selling pressures increase round 0.8800. • EUR/GBP is struggling to go any higher. Hourly resistance is given at 0.8866 (12/06/2017 high). Other support can be found at 0.8652 (08/06/2017 low). Expected to show renewed...

Sideways price action. • EUR/JPY has bounced back after breaking hourly support given at 122.56 (18/05/2017 low) has been broken. Hourly resistance can be found at 125.82 (16/05/2017 high). Major support is...

Bouncing back. • AUD/USD's technical structure is positive since early May. Yet, in the short-term there will likely be bearish pressures towards support given at 0.7520 (09/06/2017 low...

Buying demand is fading. • USD/CAD is in a consolidation phase after the strong decline. Hourly support lies at 1.3165 (14/06/2017 high). Expected to show continued weakness towards support given at 1.3010...

Short-term selling pressures. • USD/CHF is pushing lower. Hourly resistance can be found at 0.9771 (09/06/2017 high). Strong resistance is given at 1.0107 (10/04/2017 high). Expected to show continued short-term bearish...

Continued consolidation before testing again resistance at 112.13. • USD/JPY has failed to monitor resistance given at 112.13 (24/05/2017 high). Hourly support can be found at 108.89 (14/06/2017 high). Stronger...

Strengthening within downtrend bearish move. • GBP/USD is still bouncing higher since the pair failed to hold below former hourly support given at 1.2636 (09/06/2017 low). Hourly resistance lies...

Selling pressures are important at 1.1200. • EUR/USD is trading mixed. The pair is still trading below strong resistance given at 1.1300 (09/11/2017 high). Hourly support can be found...

Barely 15 months after its foundation, LREM achieved a historic triumph in the National Assembly elections, winning 308 out of 577 seats, while Democratic Movement (MoDem), their partner in government, picked up another 42 seats, taking the total for the president to 350...