All Blogs

To add a new post, please log in or register
Gold futures are up 0.20% to 1,869.35. Oil prices advanced on Thursday, though the rally is capped given the unexpected increase in US oil reserve. Meanwhile, consumption is damaged by the pandemic. The Energy Information Administration (EIA) said that crude inventories increased by 4...
Market News
  • 92
  • 1
Jiming Huang, 23 July 2020, 09:48
US stocks have returned to growth after a wobbling session on Wednesday. During the turbulent session, investors focused on mixed quarterly reporting and the debate over further stimulus. The benchmark S&P 500 index rose 0.62%, and Dow added 0.57%. Nasdaq was more modest, securing a gain of 0...
Market News
  • 84
  • 1
Jiming Huang, 23 July 2020, 09:48
Pivot (invalidation): 41.50 Our preference Long positions above 41.50 with targets at 42.20 & 42.50 in extension. Alternative scenario Below 41.50 look for further downside with 41.15 & 40.75 as targets...
Analytics & Forecasts
  • 76
  • 2
Jiming Huang, 23 July 2020, 09:48
Pivot (invalidation): 22.1000 Our preference Long positions above 22.1000 with targets at 23.2500 & 24.0000 in extension. Alternative scenario Below 22.1000 look for further downside with 21.5600 & 21.0900 as targets...
Analytics & Forecasts
  • 67
  • 1
Jiming Huang, 23 July 2020, 09:48
Pivot (invalidation): 1856.00 Our preference Long positions above 1856.00 with targets at 1876.00 & 1885.00 in extension. Alternative scenario Below 1856.00 look for further downside with 1846.00 & 1833.00 as targets...
Analytics & Forecasts
  • 72
  • 1
Jiming Huang, 23 July 2020, 09:46
Pivot (invalidation): 3253.00 Our preference Long positions above 3253.00 with targets at 3293.00 & 3316.00 in extension. Alternative scenario Below 3253.00 look for further downside with 3238.00 & 3214.00 as targets...
Analytics & Forecasts
  • 64
  • 1
Jiming Huang, 23 July 2020, 09:45 #S&P 500
Pivot (invalidation): 13200.00 Our preference Short positions below 13200.00 with targets at 12940.00 & 12810.00 in extension. Alternative scenario Above 13200.00 look for further upside with 13310.00 & 13400.00 as targets...
Analytics & Forecasts
  • 70
  • 1
Jiming Huang, 23 July 2020, 09:44 #dax
Pivot (invalidation): 6.8350 Our preference Long positions above 6.8350 with targets at 6.8520 & 6.8590 in extension. Alternative scenario Below 6.8350 look for further downside with 6.8260 & 6.8160 as targets...
Analytics & Forecasts
  • 66
  • 1
Jiming Huang, 23 July 2020, 09:43
Pivot (invalidation): 0.7125 Our preference Long positions above 0.7125 with targets at 0.7155 & 0.7180 in extension. Alternative scenario Below 0.7125 look for further downside with 0.7110 & 0.7090 as targets...
Analytics & Forecasts
  • 92
  • 1
Jiming Huang, 23 July 2020, 09:42
Pivot (invalidation): 1.3430 Our preference Short positions below 1.3430 with targets at 1.3395 & 1.3370 in extension. Alternative scenario Above 1.3430 look for further upside with 1.3455 & 1.3480 as targets...
Analytics & Forecasts
  • 72
  • 1
Jiming Huang, 23 July 2020, 09:41 #usd/cad
Pivot (invalidation): 0.9305 Our preference Short positions below 0.9305 with targets at 0.9280 & 0.9265 in extension. Alternative scenario Above 0.9305 look for further upside with 0.9320 & 0.9335 as targets...
Analytics & Forecasts
  • 63
  • 1
Jiming Huang, 23 July 2020, 09:40
Pivot (invalidation): 107.05 Our preference Long positions above 107.05 with targets at 107.20 & 107.30 in extension. Alternative scenario Below 107.05 look for further downside with 106.90 & 106.75 as targets...
Analytics & Forecasts
  • 68
  • 1
Jiming Huang, 23 July 2020, 09:40 #usd/jpy
Pivot (invalidation): 1.2745 Our preference Short positions below 1.2745 with targets at 1.2715 & 1.2690 in extension. Alternative scenario Above 1.2745 look for further upside with 1.2770 & 1.2800 as targets...
Analytics & Forecasts
  • 85
  • 1
Jiming Huang, 23 July 2020, 09:38 #GBP/USD
Pivot (invalidation): 1.1555 Our preference Long positions above 1.1555 with targets at 1.1585 & 1.1600 in extension. Alternative scenario Below 1.1555 look for further downside with 1.1535 & 1.1515 as targets...
Analytics & Forecasts
  • 110
  • 1
Jiming Huang, 23 July 2020, 09:37 #EUR/USD
US equities started the Tuesday session with a steep rally but gave up at the end of the day. Still, the benchmark S&P 500 index (+0.17) and Dow Jones (+0.60%) managed to secure gains. Elsewhere, tech-oriented Nasdaq tumbled 0.81...
Market News
  • 93
  • 1
Jiming Huang, 22 July 2020, 09:44
In the commodity market, gold is getting closer to record highs as investors are embracing safe-havens amid US stimulus uncertainty and an increasing number of COVID cases. Gold futures have increased by 0.78% to $1,858, hitting the highest level in nine years and approaching the record peak...
Market News
  • 93
  • 1
Jiming Huang, 22 July 2020, 09:44
Pivot (invalidation): 42.00 Our preference Short positions below 42.00 with targets at 41.35 & 41.05 in extension. Alternative scenario Above 42.00 look for further upside with 42.20 & 42.50 as targets...
Analytics & Forecasts
  • 90
  • 2
Jiming Huang, 22 July 2020, 09:41
Pivot (invalidation): 21.5500 Our preference Long positions above 21.5500 with targets at 23.0000 & 23.6000 in extension. Alternative scenario Below 21.5500 look for further downside with 21.1000 & 20.5400 as targets...
Analytics & Forecasts
  • 71
  • 1
Jiming Huang, 22 July 2020, 09:39
Pivot (invalidation): 1842.00 Our preference Long positions above 1842.00 with targets at 1880.00 & 1890.00 in extension. Alternative scenario Below 1842.00 look for further downside with 1833.00 & 1827.00 as targets...
Analytics & Forecasts
  • 79
  • 1
Jiming Huang, 22 July 2020, 09:38
Pivot (invalidation): 3238.00 Our preference Long positions above 3238.00 with targets at 3277.00 & 3293.00 in extension. Alternative scenario Below 3238.00 look for further downside with 3214.00 & 3198.00 as targets...
Analytics & Forecasts
  • 64
  • 1
Jiming Huang, 22 July 2020, 09:37 #S&P 500