Jiming Huang / Blog
Pivot (invalidation): 105.70 Our preference Long positions above 105.70 with targets at 105.95 & 106.10 in extension. Alternative scenario Below 105.70 look for further downside with 105.50 & 105.35 as targets...
Pivot (invalidation): 1.3040 Our preference Long positions above 1.3040 with targets at 1.3100 & 1.3130 in extension. Alternative scenario Below 1.3040 look for further downside with 1.3020 & 1.3005 as targets...
Pivot (invalidation): 1.1805 Our preference Short positions below 1.1805 with targets at 1.1770 & 1.1755 in extension. Alternative scenario Above 1.1805 look for further upside with 1.1835 & 1.1860 as targets...
The US dollar is better bid before the US jobs figures. The US dollar index recovered to the 93 mark, as solid demand in US treasuries continues weighing on the US sovereign yields. The greenback continues determining the overall direction across the currency markets. The EURUSD surged to 1...
S equity indices gained for the fifth day on hope that an additional fiscal stimulus package would soon be signed, or extra measures including enhanced benefit payments, payroll-tax holiday and student loan repayment relief would be forced by President Donald Trump if the deadlock among Congressi...
Pivot (invalidation): 42.25 Our preference Short positions below 42.25 with targets at 41.60 & 41.20 in extension. Alternative scenario Above 42.25 look for further upside with 42.65 & 42.95 as targets...
Pivot (invalidation): 29.1500 Our preference Short positions below 29.1500 with targets at 27.7500 & 26.9500 in extension. Alternative scenario Above 29.1500 look for further upside with 29.8500 & 30.5000 as targets...
Pivot (invalidation): 2073.00 Our preference Short positions below 2073.00 with targets at 2045.00 & 2028.00 in extension. Alternative scenario Above 2073.00 look for further upside with 2085.00 & 2100.00 as targets...
Pivot (invalidation): 3317.00 Our preference Long positions above 3317.00 with targets at 3360.00 & 3385.00 in extension. Alternative scenario Below 3317.00 look for further downside with 3285.00 & 3272.00 as targets...