Jiming Huang / Profil

It is going to be long day for UK lawmakers, as the Commons will start voting on alternatives on Wednesday. This morning, each MP will have to choose which alternatives he/she wants to back. Afterwards, the alternative with the highest support will win...

A quiet Asian session as equity markets staged a mild recovery ahead of Brexit uncertainty. The increased probability of a soft or no Brexit has encouraged investors. However, this one will clearly go down to the wire...

Pivot (invalidation): 59.65 Our preference Long positions above 59.65 with targets at 60.35 & 60.55 in extension. Alternative scenario Below 59.65 look for further downside with 59.35 & 59.10 as targets...

Pivot (invalidation): 15.5200 Our preference Short positions below 15.5200 with targets at 15.3500 & 15.2400 in extension. Alternative scenario Above 15.5200 look for further upside with 15.5800 & 15.6300 as targets...

Pivot (invalidation): 1319.00 Our preference Short positions below 1319.00 with targets at 1312.50 & 1308.50 in extension. Alternative scenario Above 1319.00 look for further upside with 1324.50 & 1327.50 as targets...

Pivot (invalidation): 2800.00 Our preference Long positions above 2800.00 with targets at 2829.00 & 2844.75 in extension. Alternative scenario Below 2800.00 look for further downside with 2787.00 & 2767.25 as targets...

Pivot (invalidation): 11470.00 Our preference Short positions below 11470.00 with targets at 11349.00 & 11280.00 in extension. Alternative scenario Above 11470.00 look for further upside with 11520.00 & 11590.00 as targets...

Pivot (invalidation): 5.4600 Our preference Short positions below 5.4600 with targets at 5.3000 & 5.2400 in extension. Alternative scenario Above 5.4600 look for further upside with 5.5640 & 5.6350 as targets...

Pivot (invalidation): 0.7130 Our preference Short positions below 0.7130 with targets at 0.7095 & 0.7080 in extension. Alternative scenario Above 0.7130 look for further upside with 0.7145 & 0.7155 as targets...

Pivot (invalidation): 1.3400 Our preference Short positions below 1.3400 with targets at 1.3365 & 1.3345 in extension. Alternative scenario Above 1.3400 look for further upside with 1.3425 & 1.3445 as targets...

Pivot (invalidation): 0.9935 Our preference Long positions above 0.9935 with targets at 0.9970 & 0.9985 in extension. Alternative scenario Below 0.9935 look for further downside with 0.9915 & 0.9895 as targets...

Pivot (invalidation): 110.30 Our preference Long positions above 110.30 with targets at 110.70 & 110.95 in extension. Alternative scenario Below 110.30 look for further downside with 110.00 & 109.70 as targets...

Pivot (invalidation): 1.3170 Our preference Long positions above 1.3170 with targets at 1.3220 & 1.3260 in extension. Alternative scenario Below 1.3170 look for further downside with 1.3140 & 1.3085 as targets...

Pivot (invalidation): 1.1295 Our preference Short positions below 1.1295 with targets at 1.1235 & 1.1210 in extension. Alternative scenario Above 1.1295 look for further upside with 1.1325 & 1.1360 as targets...

To watchers of the US Federal Reserve, the biggest surprise lately was an announcement to end balance sheet reduction in September. This should keep assets near USD3.5 trillion, significantly higher than previously indicated...

After the UK Parliament took control of Brexit on Monday, the pound sterling stabilised at around USD 1.32, showing that all options remain on the table...

Pivot (invalidation): 58.75 Our preference Long positions above 58.75 with targets at 59.60 & 60.05 in extension. Alternative scenario Below 58.75 look for further downside with 58.20 & 57.75 as targets...

Pivot (invalidation): 15.4600 Our preference Long positions above 15.4600 with targets at 15.6300 & 15.7000 in extension. Alternative scenario Below 15.4600 look for further downside with 15.4100 & 15.3400 as targets...

Pivot (invalidation): 1316.00 Our preference Long positions above 1316.00 with targets at 1327.50 & 1333.00 in extension. Alternative scenario Below 1316.00 look for further downside with 1310.00 & 1307.00 as targets...

Pivot (invalidation): 2783.00 Our preference Long positions above 2783.00 with targets at 2822.50 & 2844.75 in extension. Alternative scenario Below 2783.00 look for further downside with 2767.25 & 2743.00 as targets...