Jiming Huang / Profile

Fading near the resistance at 0.7610. • AUD/USD has failed to break short term resistance at 0.7610, reversing bullish momentum. Key resistance stands at 0.7681 (30/03/2017 high). Hourly support is located at...

Weak bounce. • USD/CAD has broken the support at 1.3265 confirming an underlying bearish trend. Hourly resistances can now be found at 1.3340 (intraday high) and 1.3456 (04/04/2017 high). Support is...

Still weak within range. • USD/CHF failed to breach 1.0107 dropping sharply to support. The short-term technical structure is negative as long as prices remain below the hourly resistance at 1.0171...

Weak bounce • USD/JPY has broken to the downside out of the horizontal support at 110.11 confirming a bearish bias. Next support can be located at 108.22 (intraday low). Other key supports lie at a...

Pushing higher. • GBP/USD has rallied off key support at 1.2334, suggesting a potential short-term base formation. Key resistance stands at 1.2605 (27/03/2017 high). An hourly support can be...

Test of resistance. • EUR/USD has improved, yet failure to break resistance suggest a reversal. Monitor the resistances area given by 1.0679. Hourly support can be found at 1.0650 (intraday base) then...

Berkshire Hathaway is dumping 9 million shares of Wells Fargo worth around $480 million in order to get around possible Federal Reserve regulations. Warren Buffett's company owned more than 10% of the bank after Wells repurchased a large chunk of its shares in 2016...

Another currency deeply affected by speculations has been the GBP, on which we remain pointedly constructive. First we suspect that the GBP will provide a level of protection from a surprise Marine Le Pen outcome in the French elections...

* Dollar falls across the board after Trump comments * Dollar index hits lowest since March 30 * Dollar hits new lows vs yen, Swiss franc (Recasts throughout following Trump commments) NEW YORK, April 12 (Reuters) - The dollar fell broadly on Wednesday after U.S...

President Donald Trump backtracked on a handful of major issues Wednesday, from his opinion of the North Atlantic Treaty Organization to the status of Fed Chair Janet Yellen, adding to markets' anxietiesand prompting swift criticism by a top Democrat...

The Federal Reserve's plans to raise U.S. interest rates gradually are aimed at sustaining full employment and near-2-percent inflation without letting the economy overheat, Fed Chair Janet Yellen said on Monday...

Continued bullish move. • Crude oil keeps on increasing. The commodity had been located in a bearish trend since the commodity had been unable to mount a serious challenge to resistance at 55.24 (03/01/2017...

Breaking resistance at $1263. • Gold challenge to near term resistance has paused yet, momentum seems back to bullish despite some consolidation. Resistance is located at 1263 (27/02/2017 high). Hourly...

Breaks support area. • AUD/USD has broken the support at 10.7494 (19/01/2017 low. The current bounce near the support has thus far unimpressive failed to find momentum, confirming persistent selling...

Choppy trading. • USD/CAD has broken resistance area around 1.3400 which invalidates the short term bearish technical structure. Hourly support is given at 1.3265 (21/03/2016 low) is at stake. Key support...

Finding demand. • USD/CHF has gained significant momentum. Hourly support is given at 1.0039 (07/04/2017 base low) then 0.9814 (27/03/2017 low). Key resistance can be found at a distance at 1.0171...

Moving sideways. • USD/JPY is consolidating below resistance at 112.20 (31/03/2017 high). Stronger resistance can be located at 113.57 (16/03/2017 high) while support is given at 110.11 (27/03/2017 low...

Pushing lower. • GBP/USD remains weak near the support at 1.2334, indicating persistent selling pressures. Hourly resistance is located at 1.2469 (07/04/2017 high...

Downside pressure builds. • EUR/USD has broken the key resistance at 1.0679 (02/16/2017 high). Hourly support can be found at 1.0570 (intraday low). Stronger support can be found at 1.0494 (22/02/2017 low...

Consider the Federal Reserve the Starship Enterprise of monetary policy: It went where no central bank had gone before, and now must plot the journey home. The Fed already has begun one leg of the trip, as it has started raising interest rates from financial crisis-era lows...