Jiming Huang / Profil

Pivot (invalidation): 111.35 Our preference Long positions above 111.35 with targets at 111.70 & 111.90 in extension. Alternative scenario Below 111.35 look for further downside with 111.20 & 111.00 as targets...

Pivot (invalidation): 1.3075 Our preference Short positions below 1.3075 with targets at 1.3030 & 1.3000 in extension. Alternative scenario Above 1.3075 look for further upside with 1.3100 & 1.3120 as targets...

Pivot (invalidation): 1.1220 Our preference Short positions below 1.1220 with targets at 1.1185 & 1.1175 in extension. Alternative scenario Above 1.1220 look for further upside with 1.1240 & 1.1260 as targets...

After losing as much as 1 % against the greenback following the Bank of Canada (BoC) meeting, the loonie has been retracing back, bouncing by 0.70%. Yet major questions arise as both today’s FOMC rate decision as well as Canadian manufacturing PMI come into play...

It is going to be a very a slow day as most markets are closed for Labour Day. Only Australia, New Zealand, Denmark, Israel, the United Kingdom and the US are open for trading today...

Pivot (invalidation): 63.95 Our preference Short positions below 63.95 with targets at 62.75 & 62.25 in extension. Alternative scenario Above 63.95 look for further upside with 64.35 & 64.70 as targets...

Pivot (invalidation): 14.9800 Our preference Short positions below 14.9800 with targets at 14.8400 & 14.7900 in extension. Alternative scenario Above 14.9800 look for further upside with 15.0300 & 15.0800 as targets...

Pivot (invalidation): 1284.50 Our preference Short positions below 1284.50 with targets at 1278.00 & 1274.00 in extension. Alternative scenario Above 1284.50 look for further upside with 1286.50 & 1288.50 as targets...

Pivot (invalidation): 2937.00 Our preference Long positions above 2937.00 with targets at 2953.50 & 2960.50 in extension. Alternative scenario Below 2937.00 look for further downside with 2929.25 & 2925.25 as targets...

Pivot (invalidation): 12285.00 Our preference Long positions above 12285.00 with targets at 12370.00 & 12440.00 in extension. Alternative scenario Below 12285.00 look for further downside with 12245.00 & 12190.00 as targets...

Pivot (invalidation): 5.9530 Our preference Long positions above 5.9530 with targets at 5.9800 & 6.0000 in extension. Alternative scenario Below 5.9530 look for further downside with 5.9400 & 5.9260 as targets...

Pivot (invalidation): 0.7060 Our preference Short positions below 0.7060 with targets at 0.7030 & 0.7020 in extension. Alternative scenario Above 0.7060 look for further upside with 0.7080 & 0.7100 as targets...

Pivot (invalidation): 1.3400 Our preference Short positions below 1.3400 with targets at 1.3350 & 1.3330 in extension. Alternative scenario Above 1.3400 look for further upside with 1.3430 & 1.3460 as targets...

Pivot (invalidation): 1.0200 Our preference Short positions below 1.0200 with targets at 1.0180 & 1.0170 in extension. Alternative scenario Above 1.0200 look for further upside with 1.0215 & 1.0225 as targets...

Pivot (invalidation): 111.25 Our preference Long positions above 111.25 with targets at 111.70 & 111.90 in extension. Alternative scenario Below 111.25 look for further downside with 111.00 & 110.80 as targets...

Pivot (invalidation): 1.3025 Our preference Long positions above 1.3025 with targets at 1.3050 & 1.3080 in extension. Alternative scenario Below 1.3025 look for further downside with 1.3010 & 1.2990 as targets...

Pivot (invalidation): 1.1200 Our preference Long positions above 1.1200 with targets at 1.1230 & 1.1245 in extension. Alternative scenario Below 1.1200 look for further downside with 1.1175 & 1.1165 as targets...

After showing a series of upbeat PMI figures last month, it seems that today’s data is running short of expectations...

Pivot (invalidation): 62.85 Our preference Long positions above 62.85 with targets at 63.85 & 64.35 in extension. Alternative scenario Below 62.85 look for further downside with 62.30 & 61.95 as targets...

Pivot (invalidation): 15.0000 Our preference Short positions below 15.0000 with targets at 14.8400 & 14.7700 in extension. Alternative scenario Above 15.0000 look for further upside with 15.0800 & 15.1400 as targets...