Jiming Huang / Perfil

Short-term bullish momentum arises. (By Yann Quelenn) • Gold's is trading mixed after the precious metal reached the $1200 level. Hourly support is now given at $1204 (10/07/2017 high). Hourly...

Buying pressures continues. (By Yann Quelenn) • EUR/CHF is still trading above psychological level at 1.1000. Selling pressures are very weak at the moment. Hourly support is located at a...

Weakening. (By Yann Quelenn) • EUR/GBP has broken uptrend channel. Hourly support is given at 0.8719 (16/06/2017 low). Expected to show further monitoring of support...

Buying pressures increase again. (By Yann Quelenn) • AUD/USD's technical structure is bullish since early May despite some consolidation move. An unlikely break of support at 0.7520 (09/06/2017...

Important selling pressures. (By Yann Quelenn) • USD/CAD is going lower but the pair remains in a strong bearish momentum. Hourly support is given at 1.2681 (12/07/2017 low). Resistance is...

Short-term bullish. (By Yann Quelenn) • USD/CHF is trading higher within a slight short-term bullish trend. Hourly resistance can be found at 0.9696 (09/06/2017 high). Strong...

Weakening. (By Yann Quelenn) • USD/JPY is going lower. Hourly support given at 112.83 (13/07/2017 low) has been broken. Stronger support is located at a distance at...

Consolidating after strong increase. (By Yann Quelenn) • GBP/USD has broken the 1.3000 mark. Strong resistance at 1.3048 (18/05/2017 high) has been broken. Expected to show continued bullish...

Stalling below 1.1500. (By Yann Quelenn) • EUR/USD bearish pressures are weak and the pair is way into a consolidation phase. Hourly resistance is given at 1.1489 (12/07/2017 high...

The global economy is in good shape and the CIO believes areas of weakness are not a cause for immediate concern. The CIO remains confident in the global recovery, writes Mark Haefele. Optimism about the outlook for the global economy has been relatively high...

Inflation data and central bank meetings will be the focus of next week. But we wouldn't hold our breath – the meetings in emerging market countries are unlikely to bring major changes. EURUSD bulls, like us, will be more concerned about the ECB press conference on Thursday...

At the 6.75 range, the USD/CNY has hit its lowest level so far in 2017, and our outlook is that it will keep falling. China’s export surplus balance is holding strong at +$42.4 billion, and its surplus to the USA grew $3 billion in June alone...

The US dollar extended losses yesterday after the Fed Chair expressed uncertainty about the effects of tightening on inflation. After retreating as much 0.80% during the day, EUR/USD bounced back to 1...

On Thursday, the Bank of Canada will decide whether to raise rates. Will interest go up again, as it has over the past month? On the one hand, the BoC has a decidedly hawkish view. Currency traders have been convinced enough to price in 67 basis points worth of rate hikes for the coming 12 months...

Investors appear to expect a dovish statement today from US Federal Reserve Chairwoman Janet Yellen , i.e. a ‘Goldilocks’ not-too-fast, not-too-slow approach to monetary policy...

The Bank of Japan looks likely be the only major central bank that will not to raise its interest rates this year. This is one great reason why investors are staying away from the JPY. The yen keeps just keeps on falling...

EUR/CHF finally managed to break somehow the 1.10 resistance to the upside yesterday. However further gains are needed to clear the way towards 1.11...

That is a good news for the Bank of Japan, investors are estimating the likelihood of another US rate hike much higher which is driving the yen currency lower. The US ZIRP (zero-interest rate policy) seems to approach to an end. The rate differential between the US yields should then increase...

On Friday, the US jobs report showed that the pace of job creation bounced back in June and addressed investors’ concerns after a worrying slump in May. The US economy added 222k nonfarm jobs in June compared to an upwardly revised figure of 152k in the previous month...

Profit-taking after the strong increase. (Yann Quelenn ) • Crude oil is back to bearish again. Support is given at 42.05 (21/06/2017 low). Expected to show continued weakness...