Jiming Huang / Blog
Pivot (invalidation): 7.3490 Our preference Short positions below 7.3490 with targets at 7.2520 & 7.2250 in extension. Alternative scenario Above 7.3490 look for further upside with 7.3800 & 7.4000 as targets...
Pivot (invalidation): 0.7175 Our preference Long positions above 0.7175 with targets at 0.7220 & 0.7240 in extension. Alternative scenario Below 0.7175 look for further downside with 0.7150 & 0.7130 as targets...
Pivot (invalidation): 1.3195 Our preference Short positions below 1.3195 with targets at 1.3155 & 1.3130 in extension. Alternative scenario Above 1.3195 look for further upside with 1.3215 & 1.3235 as targets...
Pivot (invalidation): 0.9090 Our preference Short positions below 0.9090 with targets at 0.9060 & 0.9040 in extension. Alternative scenario Above 0.9090 look for further upside with 0.9110 & 0.9125 as targets...
Pivot (invalidation): 105.90 Our preference Short positions below 105.90 with targets at 105.60 & 105.30 in extension. Alternative scenario Above 105.90 look for further upside with 106.20 & 106.40 as targets...
Pivot (invalidation): 1.3205 Our preference Long positions above 1.3205 with targets at 1.3250 & 1.3270 in extension. Alternative scenario Below 1.3205 look for further downside with 1.3180 & 1.3160 as targets...
Pivot (invalidation): 1.1850 Our preference Long positions above 1.1850 with targets at 1.1885 & 1.1900 in extension. Alternative scenario Below 1.1850 look for further downside with 1.1830 & 1.1810 as targets...
In the FX, the US dollar continues dictating the overall direction. The EURUSD and the GBPUSD gave back their early-week gains on the back of a global rebound in the US dollar...
The S&P500 (-0.44%) came off from its record highs following the Federal Reserve’s (Fed) reluctance to offer more guidance immediately...