Jiming Huang / Profil

The Euro area inflation figures, on the other hand, were left unrevised during the same month, though the sharp decline in oil prices point at the possibility of a dramatic decline in consumer prices starting from March. JP Morgan expects 0% inflation in the second quarter of 2020...

Pivot (invalidation): 23.80 Our preference Short positions below 23.80 with targets at 20.05 & 17.80 in extension. Alternative scenario...

Pivot (invalidation): 12.3000 Our preference Short positions below 12.3000 with targets at 11.6100 & 11.4200 in extension. Alternative scenario...

Pivot (invalidation): 1500.00 Our preference Short positions below 1500.00 with targets at 1451.00 & 1430.00 in extension. Alternative scenario...

Pivot (invalidation): 2560.00 Our preference Short positions below 2560.00 with targets at 2280.00 & 2185.00 in extension. Alternative scenario...

Pivot (invalidation): 9080.00 Our preference Short positions below 9080.00 with targets at 8270.00 & 7730.00 in extension. Alternative scenario...

Pivot (invalidation): 6.4590 Our preference Long positions above 6.4590 with targets at 6.5070 & 6.5390 in extension. Alternative scenario...

Pivot (invalidation): 0.5690 Our preference Short positions below 0.5690 with targets at 0.5490 & 0.5395 in extension. Alternative scenario...

Pivot (invalidation): 1.4510 Our preference Long positions above 1.4510 with targets at 1.4700 & 1.4780 in extension. Alternative scenario...

Pivot (invalidation): 0.9650 Our preference Long positions above 0.9650 with targets at 0.9750 & 0.9800 in extension. Alternative scenario...

Pivot (invalidation): 108.45 Our preference Long positions above 108.45 with targets at 109.80 & 110.45 in extension. Alternative scenario...

Pivot (invalidation): 1.1660 Our preference Short positions below 1.1660 with targets at 1.1440 & 1.1310 in extension. Alternative scenario...

Pivot (invalidation): 1.0935 Our preference Short positions below 1.0935 with targets at 1.0865 & 1.0830 in extension. Alternative scenario...

Due today, European inflation figures are seen unchanged in February. But the expectations proved weak factoring in the impact of coronavirus pandemic this far, hence investors should stand ready for disappointment. The euro dashed below the 1...

With supply chains disrupted since February, countries hit one after the other and businesses closed in many leading economies, it is not a question of if, but a matter of how bad and how long the coronavirus-induced recession will be...

Pivot (invalidation): 28.10 Our preference Short positions below 28.10 with targets at 26.20 & 25.30 in extension. Alternative scenario...

Pivot (invalidation): 12.3800 Our preference Long positions above 12.3800 with targets at 13.2800 & 13.5000 in extension. Alternative scenario...

Pivot (invalidation): 1507.00 Our preference Long positions above 1507.00 with targets at 1554.00 & 1563.00 in extension. Alternative scenario...

Pivot (invalidation): 2710.00 Our preference Short positions below 2710.00 with targets at 2370.00 & 2270.00 in extension. Alternative scenario...

Pivot (invalidation): 9358.00 Our preference Short positions below 9358.00 with targets at 8310.00 & 7800.00 in extension. Alternative scenario...