Jiming Huang / Blog
Pivot (invalidation): 105.80 Our preference Short positions below 105.80 with targets at 105.15 & 104.75 in extension. Alternative scenario Above 105.80 look for further upside with 106.15 & 106.50 as targets...
Pivot (invalidation): 1.3300 Our preference Long positions above 1.3300 with targets at 1.3380 & 1.3415 in extension. Alternative scenario Below 1.3300 look for further downside with 1.3260 & 1.3220 as targets...
Pivot (invalidation): 1.1880 Our preference Long positions above 1.1880 with targets at 1.1930 & 1.1950 in extension. Alternative scenario Below 1.1880 look for further downside with 1.1865 & 1.1835 as targets...
The weak US dollar continues fueling gains in EURUSD, GBPUSD and AUDUSD. The EURUSD advanced to 1.19, and Cable hit a fresh post-pandemic high at 1.3284...
The Federal Reserve (Fed) Chair Jerome Powell brought a new policy approach on the table at yesterday’s Jackson Hole meeting, tweaking the Fed’s inflation target from 2% to ‘2% over time’ as expected...
Pivot (invalidation): 43.20 Our preference Short positions below 43.20 with targets at 42.60 & 42.35 in extension. Alternative scenario Above 43.20 look for further upside with 43.50 & 43.75 as targets...
Pivot (invalidation): 26.8000 Our preference Long positions above 26.8000 with targets at 27.5400 & 27.7700 in extension. Alternative scenario Below 26.8000 look for further downside with 26.4900 & 26.2000 as targets...
Pivot (invalidation): 1923.00 Our preference Long positions above 1923.00 with targets at 1942.00 & 1955.00 in extension. Alternative scenario Below 1923.00 look for further downside with 1909.00 & 1902.00 as targets...
Pivot (invalidation): 3465.00 Our preference Long positions above 3465.00 with targets at 3501.00 & 3525.00 in extension. Alternative scenario Below 3465.00 look for further downside with 3436.00 & 3413.00 as targets...