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This morning has been released the Swiss FX reserves for October. The data increased strongly to $741.5 billion from $724.4billion. The reserves hit a clear record high...
Political risk have again picked up in Europe prompting a stark sell of in Euro. In Italy the center-right coalition led by former Italian Prime Minister Berlusconi solidly won regionals elections in Sicily...
The US dollar extended gains against all of G10 currencies on Tuesday. The gains were quite limited as investors awaited several key speeches today. Draghi will speak at GMT 9 am, while across the Atlantic Poloz (BoC) will give a press conference this evening...
GBPUSD: The pair may be hesitating but still faces corrective recovery threats. Support lies at the 1.3100 level where a break will turn attention to the 1.3050 level. Further down, support lies at the 1.3000 level. Below here will set the stage for more weakness towards the 1.2950 level...
Yesterday, the New Zealand dollar received support after New Zealand's finance minister Grant Robertson said he did not want to include targeting of the national currency in the new responsibilities of the Reserve Bank of New Zealand...
EURGBP- The cross saw a follow through lower on Monday. This is coming on the of its Friday weakness. Support lies at the 0.8800 Level where a violation will turn focus to the 0.8750 level. A break will expose the 0.8700 level...
NZD/USD paired losses on Monday morning as 2-year inflation expectations eased to 2.02% in the fourth quarter from 2.09% in the previous one. The Kiwi lost another 0.35% against the greenback and stabilised at around $0.6680...
A quiet start to the week as investors cautiously watching President Trump every move in Asia. With tensions so high and Trump uncanny ability to trigger controversy, traders are unwilling to further build bullish positions...
Short-term consolidation. (By Yann Quelenn) • Bitcoin is now consolidating after setting-up a new all-time high for 4 consecutive days. The technical structure shows a tremendous positive...
Strong buying demand. (By Yann Quelenn) • Crude oil has surged and set up a new resistance at 56.28 (06/11/2017 high). The commodity is trading at 1-year high. Expected to...
Selling pressures are back. (By Yann Quelenn) • Silver is back below 17. Hourly support can be found at 16.60 (27/10/2017 low). Hourly resistance is given at 17.46 (13/10/2017 high...
Range-trading. (By Yann Quelenn) • Gold remains weak. The technical structure confirms a longer consolidation phase. Support lies at a distance at 1251 (08/08/2017 high...
Pushing higher within former uptrend channel. (By Yann Quelenn) • EUR/CHF is back within former uptrend channel. Support is given at 1.1610 (27/10/2017...
Bouncing lower. (By Yann Quelenn) • EUR/GBP is consolidating after the sharp increase. As long as prices are below the resistance at 0.9046 (05/09/2017 high), the shortterm...
Edging lower. (By Yann Quelenn) • AUD/USD is ready to bounce back but downside pressures are still lively. Hourly resistance is given at a distance at 0.7897...
Wide-open for further downside. (By Yann Quelenn) • USD/CAD is weakening after set-up a resistance at 1.2917 (27/10/2017 low). This suggests an extension of bullish momentum...
Holding around parity. (By Yann Quelenn) • USD/CHF is consolidating. Yet, the technical structure is still bullish. The technical structure suggests an improving short-term buying...
Breaking resistance at 114.49. (By Yann Quelenn) • USD/JPY is edging higher above resistance stands at 114.49 (11/07/2017 high). Support is located at 111.12 (20/09/2017 low...
Monitoring support at 1.3000. (By Yann Quelenn) • GBP/USD is back towards support given at 1.3027 (06/10/2017 low). String resistance is given at 1.3338 (13/10/2017 high). Expected to...
