All Blogs

To add a new post, please log in or register
Overall, it has been a relatively quiet week in the FX market, especially under the circumstances. Indeed, the lack of fresh news from the ongoing trade negotiations between the US and China has compelled investors to focus their attention on Brexit developments...
Market News
  • 51
Jiming Huang, 15 March 2019, 13:20
Pivot (invalidation): 58.25 Our preference Long positions above 58.25 with targets at 58.75 & 59.20 in extension. Alternative scenario Below 58.25 look for further downside with 58.00 & 57.70 as targets...
Analytics & Forecasts
  • 84
Jiming Huang, 15 March 2019, 09:02
Pivot (invalidation): 15.1800 Our preference Long positions above 15.1800 with targets at 15.3700 & 15.4400 in extension. Alternative scenario Below 15.1800 look for further downside with 15.1000 & 15.0300 as targets...
Analytics & Forecasts
  • 49
Jiming Huang, 15 March 2019, 09:00
Pivot (invalidation): 1296.00 Our preference Long positions above 1296.00 with targets at 1302.00 & 1304.50 in extension. Alternative scenario Below 1296.00 look for further downside with 1293.00 & 1290.00 as targets...
Analytics & Forecasts
  • 58
Jiming Huang, 15 March 2019, 08:59
Pivot (invalidation): 2821.00 Our preference Short positions below 2821.00 with targets at 2798.00 & 2784.00 in extension. Alternative scenario Above 2821.00 look for further upside with 2831.00 & 2840.00 as targets...
Analytics & Forecasts
  • 47
Jiming Huang, 15 March 2019, 08:57 #S&P 500
Pivot (invalidation): 11565.00 Our preference Long positions above 11565.00 with targets at 11650.00 & 11680.00 in extension. Alternative scenario Below 11565.00 look for further downside with 11530.00 & 11485.00 as targets...
Analytics & Forecasts
  • 46
Jiming Huang, 15 March 2019, 08:56 #dax
Pivot (invalidation): 5.4570 Our preference Long positions above 5.4570 with targets at 5.4760 & 5.4890 in extension. Alternative scenario Below 5.4570 look for further downside with 5.4480 & 5.4380 as targets...
Analytics & Forecasts
  • 42
Jiming Huang, 15 March 2019, 08:55
Pivot (invalidation): 0.7060 Our preference Long positions above 0.7060 with targets at 0.7100 & 0.7120 in extension. Alternative scenario Below 0.7060 look for further downside with 0.7040 & 0.7025 as targets...
Analytics & Forecasts
  • 61
Jiming Huang, 15 March 2019, 08:53
Pivot (invalidation): 1.3340 Our preference Short positions below 1.3340 with targets at 1.3285 & 1.3270 in extension. Alternative scenario Above 1.3340 look for further upside with 1.3370 & 1.3390 as targets...
Analytics & Forecasts
  • 50
Jiming Huang, 15 March 2019, 08:52 #usd/cad
Pivot (invalidation): 1.0040 Our preference Short positions below 1.0040 with targets at 1.0015 & 1.0000 in extension. Alternative scenario Above 1.0040 look for further upside with 1.0050 & 1.0065 as targets...
Analytics & Forecasts
  • 42
Jiming Huang, 15 March 2019, 08:50
Pivot (invalidation): 111.75 Our preference Short positions below 111.75 with targets at 111.45 & 111.25 in extension. Alternative scenario Above 111.75 look for further upside with 111.90 & 112.00 as targets...
Analytics & Forecasts
  • 41
Jiming Huang, 15 March 2019, 08:49 #usd/jpy
Pivot (invalidation): 1.3310 Our preference Short positions below 1.3310 with targets at 1.3200 & 1.3145 in extension. Alternative scenario Above 1.3310 look for further upside with 1.3380 & 1.3415 as targets...
Analytics & Forecasts
  • 63
Jiming Huang, 15 March 2019, 08:47 #GBP/USD
Pivot (invalidation): 1.1295 Our preference Long positions above 1.1295 with targets at 1.1340 & 1.1360 in extension. Alternative scenario Below 1.1295 look for further downside with 1.1275 & 1.1250 as targets...
Analytics & Forecasts
  • 68
Jiming Huang, 15 March 2019, 08:46 #EUR/USD
The Chinese economy continues to suffer under US tariffs and slower domestic demand, despite efforts by policy makers to provide economic stimulus. Factory output rose 5.3% annually but declined 0.4% from December. This is the weakest reading since 1995...
Market News
  • 48
  • 1
Jiming Huang, 14 March 2019, 13:43
Currently trading at 0.85370, EUR/GBP is valued at a 22-month low, heading along 0.85510 short-term. Parliament is expected to start another Brexit vote at 17:00 GMT. The battle between to impose a negotiated Withdrawal Agreement continues...
Market News
  • 47
Jiming Huang, 14 March 2019, 13:42
Pivot (invalidation): 57.50 Our preference Long positions above 57.50 with targets at 58.70 & 59.40 in extension. Alternative scenario Below 57.50 look for further downside with 57.05 & 56.75 as targets...
Analytics & Forecasts
  • 61
Jiming Huang, 14 March 2019, 09:07
Pivot (invalidation): 15.4900 Our preference Short positions below 15.4900 with targets at 15.3400 & 15.2800 in extension. Alternative scenario Above 15.4900 look for further upside with 15.5400 & 15.6200 as targets...
Analytics & Forecasts
  • 39
Jiming Huang, 14 March 2019, 09:05
Pivot (invalidation): 1308.50 Our preference Short positions below 1308.50 with targets at 1303.50 & 1300.50 in extension. Alternative scenario Above 1308.50 look for further upside with 1311.50 & 1315.00 as targets...
Analytics & Forecasts
  • 56
Jiming Huang, 14 March 2019, 09:04
Pivot (invalidation): 2798.00 Our preference Long positions above 2798.00 with targets at 2821.00 & 2840.00 in extension. Alternative scenario Below 2798.00 look for further downside with 2784.00 & 2770.00 as targets...
Analytics & Forecasts
  • 46
Jiming Huang, 14 March 2019, 09:02 #S&P 500
Pivot (invalidation): 11530.00 Our preference Long positions above 11530.00 with targets at 11620.00 & 11650.00 in extension. Alternative scenario Below 11530.00 look for further downside with 11485.00 & 11460.00 as targets...
Analytics & Forecasts
  • 43
Jiming Huang, 14 March 2019, 09:01 #dax