Jiming Huang / Profil

Pivot (invalidation): 107.55 Our preference Short positions below 107.55 with targets at 106.70 & 106.25 in extension. Alternative scenario Above 107.55 look for further upside with 107.90 & 108.20 as targets...

Pivot (invalidation): 1.2155 Our preference Short positions below 1.2155 with targets at 1.2080 & 1.2035 in extension. Alternative scenario Above 1.2155 look for further upside with 1.2205 & 1.2250 as targets...

Pivot (invalidation): 1.1095 Our preference Short positions below 1.1095 with targets at 1.1060 & 1.1040 in extension. Alternative scenario Above 1.1095 look for further upside with 1.1110 & 1.1135 as targets...

AUD bulls should be very satisfied with the recent release of upbeat inflation data in the second quarter...

Fed officials are expected to deliver their first interest rate cut since December 2008. Despite the fact that the economic conditions do not justify looser monetary policy, Jerome Powell should trim the Fed funds rate target band by 25bps to 2%-2.25...

Pivot (invalidation): 57.95 Our preference Long positions above 57.95 with targets at 58.70 & 59.15 in extension. Alternative scenario Below 57.95 look for further downside with 57.50 & 56.95 as targets...

Pivot (invalidation): 16.4200 Our preference Long positions above 16.4200 with targets at 16.5200 & 16.6000 in extension. Alternative scenario Below 16.4200 look for further downside with 16.3800 & 16.3300 as targets...

Pivot (invalidation): 1426.00 Our preference Long positions above 1426.00 with targets at 1433.00 & 1437.00 in extension. Alternative scenario Below 1426.00 look for further downside with 1422.00 & 1417.00 as targets...

Pivot (invalidation): 3009.00 Our preference Long positions above 3009.00 with targets at 3017.00 & 3022.00 in extension. Alternative scenario Below 3009.00 look for further downside with 3004.00 & 3000.00 as targets...

Pivot (invalidation): 12220.00 Our preference Short positions below 12220.00 with targets at 12070.00 & 12000.00 in extension. Alternative scenario Above 12220.00 look for further upside with 12300.00 & 12355.00 as targets...

Pivot (invalidation): 5.5880 Our preference Short positions below 5.5880 with targets at 5.5450 & 5.5150 in extension. Alternative scenario Above 5.5880 look for further upside with 5.6200 & 5.6470 as targets...

Pivot (invalidation): 0.6860 Our preference Long positions above 0.6860 with targets at 0.6910 & 0.6930 in extension. Alternative scenario Below 0.6860 look for further downside with 0.6845 & 0.6830 as targets...

Pivot (invalidation): 1.3155 Our preference Short positions below 1.3155 with targets at 1.3115 & 1.3100 in extension. Alternative scenario Above 1.3155 look for further upside with 1.3170 & 1.3185 as targets...

Pivot (invalidation): 0.9915 Our preference Short positions below 0.9915 with targets at 0.9890 & 0.9870 in extension. Alternative scenario Above 0.9915 look for further upside with 0.9930 & 0.9945 as targets...

Pivot (invalidation): 108.70 Our preference Short positions below 108.70 with targets at 108.45 & 108.30 in extension. Alternative scenario Above 108.70 look for further upside with 108.90 & 109.00 as targets...

Pivot (invalidation): 1.2185 Our preference Short positions below 1.2185 with targets at 1.2120 & 1.2100 in extension. Alternative scenario Above 1.2185 look for further upside with 1.2215 & 1.2245 as targets...

Pivot (invalidation): 1.1145 Our preference Long positions above 1.1145 with targets at 1.1165 & 1.1180 in extension. Alternative scenario Below 1.1145 look for further downside with 1.1130 & 1.1110 as targets...

China's recent second-quarter economic print made headlines across the world. Bloomberg headlined the news with "China economy slips to record low growth," while the Financial Times noted "China's economy grows at the slowest rate in nearly 30 years...

Without much surprise, the Bank of Japan (BoJ) has not decided to implement additional monetary policy easing measures, as its practicability remains a major challenge for central bank members...

Pivot (invalidation): 56.75 Our preference Long positions above 56.75 with targets at 57.60 & 58.00 in extension. Alternative scenario Below 56.75 look for further downside with 56.25 & 55.90 as targets...