Jiming Huang / Profil

Pivot (invalidation): 1.1320 Our preference Short positions below 1.1320 with targets at 1.1280 & 1.1260 in extension. Alternative scenario Above 1.1320 look for further upside with 1.1340 & 1.1360 as targets...

General elections, inflation and growth slowdown as well as emerging market economies vulnerability remain the major factors for the second consecutive drop in the Reserve Bank of India (RBI) Current Rate...

Investors ended last week on a risk-on mood amid optimism regarding ongoing trade talks between China and the US. On Saturday, Treasury Secretary Steven Mnuchin said that the US and China were nearing the final stage of trade negotiations...

Pivot (invalidation): 64.05 Our preference Short positions below 64.05 with targets at 63.30 & 62.95 in extension. Alternative scenario Above 64.05 look for further upside with 64.30 & 64.65 as targets...

Pivot (invalidation): 15.0300 Our preference Short positions below 15.0300 with targets at 14.8800 & 14.8000 in extension. Alternative scenario Above 15.0300 look for further upside with 15.1000 & 15.1800 as targets...

Pivot (invalidation): 1292.50 Our preference Short positions below 1292.50 with targets at 1284.00 & 1280.50 in extension. Alternative scenario Above 1292.50 look for further upside with 1295.50 & 1299.50 as targets...

Pivot (invalidation): 2896.00 Our preference Long positions above 2896.00 with targets at 2910.50 & 2920.00 in extension. Alternative scenario Below 2896.00 look for further downside with 2888.25 & 2873.50 as targets...

Pivot (invalidation): 11930.00 Our preference Long positions above 11930.00 with targets at 12060.00 & 12112.00 in extension. Alternative scenario Below 11930.00 look for further downside with 11885.00 & 11845.00 as targets...

Pivot (invalidation): 5.7550 Our preference Long positions above 5.7550 with targets at 5.7970 & 5.8230 in extension. Alternative scenario Below 5.7550 look for further downside with 5.7290 & 5.7000 as targets...

Pivot (invalidation): 0.7155 Our preference Long positions above 0.7155 with targets at 0.7190 & 0.7205 in extension. Alternative scenario Below 0.7155 look for further downside with 0.7135 & 0.7115 as targets...

Pivot (invalidation): 1.3340 Our preference Short positions below 1.3340 with targets at 1.3310 & 1.3290 in extension. Alternative scenario Above 1.3340 look for further upside with 1.3355 & 1.3375 as targets...

Pivot (invalidation): 1.0010 Our preference Long positions above 1.0010 with targets at 1.0030 & 1.0045 in extension. Alternative scenario Below 1.0010 look for further downside with 0.9995 & 0.9980 as targets...

Pivot (invalidation): 111.85 Our preference Long positions above 111.85 with targets at 112.10 & 112.20 in extension. Alternative scenario Below 111.85 look for further downside with 111.65 & 111.50 as targets...

Pivot (invalidation): 1.3080 Our preference Long positions above 1.3080 with targets at 1.3110 & 1.3135 in extension. Alternative scenario Below 1.3080 look for further downside with 1.3065 & 1.3050 as targets...

Pivot (invalidation): 1.1290 Our preference Long positions above 1.1290 with targets at 1.1325 & 1.1345 in extension. Alternative scenario Below 1.1290 look for further downside with 1.1275 & 1.1260 as targets...

Considering the recent development in USD/ZAR, one has to admit that FX traders remain highly indulgent as to what concerns the South African rand...

This week FX volatility faded further, credit spread tightened while US stocks headed towards 2900. Major central banks issued warning and IMF reduced outlook. Normalization is now a thing of the past for the G10...

Pivot (invalidation): 64.00 Our preference Short positions below 64.00 with targets at 63.30 & 63.15 in extension. Alternative scenario Above 64.00 look for further upside with 64.30 & 64.65 as targets...

Pivot (invalidation): 15.0000 Our preference Short positions below 15.0000 with targets at 14.8800 & 14.8000 in extension. Alternative scenario Above 15.0000 look for further upside with 15.0800 & 15.1500 as targets...

Pivot (invalidation): 1295.00 Our preference Short positions below 1295.00 with targets at 1289.50 & 1286.50 in extension. Alternative scenario Above 1295.00 look for further upside with 1300.00 & 1303.50 as targets...