Jiming Huang / Profil

Sideways price action. • EUR/JPY is trading mixed. Hourly support is given at 122.56 (18/05/2017 low). Major support is given at 114.90 (18/04/2017low). Expected to see further renewed buying pressures towards...

Monitoring symmetrical triangle. • AUD/USD is pushing higher since the pair reached hourly support at 0.7329 (09/05/2017 low). As long as prices remain below the resistance at 0.7608 (17/04/2017 high), the shortterm technical structure is negative. Expected to...

Wide-open for further decline. • USD/CAD keeps on weakening since the pair reached 1.3800. Hourly support can be found at 1.3411 (24/04/2017 high) then 1.3353 (20/01/2017 high). Expected to show continued bearish...

Wide-open towards support at 0.9550. • USD/CHF continues to push lower since the pair broke support located at 0.9814 (27/03/2017 low). Strong resistance is given at 1.0107 (10/04/2017 high). Expected to continue going...

Short-squeeze. • USD/JPY has exited the symmetrical triangle and keeps pushing lower despite ongoing bullish consolidation. Hourly support is given at 110.24 (18/05/2017 low). Stronger support is...

Trading around 1.30. • GBP/USD is trading sideways. Hourly resistance is given at 1.3048 (18/05/2017 high). Hourly support are given at 1.2831 (04/05/2017 low) and1.2757 (21/04/2017 low). An unlikely...

Strengthening. • EUR/USD is trading higher. Resistance now lies at 1.1212 (19/05/2017 high). Hourly support can be found at 1.0842 (11/05/2017 low). Strong support is now given at 1.0682 (21/04/2017 base...

U.S. President Donald Trump is weeks away from naming anyone to the board of the Federal Reserve, a White House official said, meaning it could be the fall before three currently empty seats are filled...

Former Federal Reserve Chairman Ben Bernanke said on Wednesday that he is "puzzled" by how little markets have reacted to major political risks, and skeptical about the Trump administration's ability to fulfill its pledges to stoke faster growth...

It has been a while since Greece was at the top of the market news. We consider this is as a key issue for the European Union so we are still monitoring the country...

Brazilian assets fell sharply yesterday at the market opening in São Paulo as the political uncertainty rose by another notch. The Brazilian real fell more than 7% against the greenback with USD/BRL rising at around 3.3760 compared to Wednesday’s close of 3...

It seemed very unlikely that global political uncertainties would rekindle so fast after the French election, in which the second round between Emmanuel Macron and Marine Le Pen was a non-event. Yet, as often in financial markets, uncertainties are coming from where it was not really expected...

Among the G10 complex, the Australian dollar was the sole currency in positive territory this morning after the publication of the last job report from the Australian Bureau of Statistics. The Aussie was up 0.26% against the greenback on Thursday, up to $0...

Selling of risky asset shifted into high gear after a weak US session. The lack of real drivers has allowed noise around US politics to derail fundamentals optimism...

The future does not seem so bright for Japan when looking at fundamentals. The level of debt is astonishing (€8.6 billion debt at 0% interest rate) and the population is ageing. The debt now represents 250% of the GDP...

The lack of a real driver has created choppy directionless trading. Yet for today, traders' attentions will focus back on the US data for support of the Fed policy path...

Later this afternoon, the UK will release April’s inflation report. Following last week's BoE meeting, investors will undoubtedly react negatively to an upside surprise in inflation. Indeed, Mark Carney warned that UK consumers will be squeezed this year as price pressures pick-up...

During the French Presidential elections, it was clear that the Swiss National Bank was selling franc to prevent any safe haven effect. Uncertainties regarding the outcome (at least before the first round) drove the Swiss institution to intervene massively...

The last batch of US data came on the soft side and called into question the actual Fed’s rate path. Indeed, inflationary pressures eased for a third month a row in April with headline CPI printing at 2...

Short-term bounce above $16.00. • Silver's bearish pressures are still lively despite short-term consolidation. Strong support is given at 15.63 (20/12/2017 low). Closest support is given at 16.20 (04/05/2017 low). Key resistance is...