Jiming Huang / Blog
Pivot (invalidation): 107.55 Our preference Short positions below 107.55 with targets at 107.35 & 107.20 in extension. Alternative scenario...
Pivot (invalidation): 0.9650 Our preference Short positions below 0.9650 with targets at 0.9625 & 0.9605 in extension. Alternative scenario...
Pivot (invalidation): 1.2305 Our preference Long positions above 1.2305 with targets at 1.2345 & 1.2365 in extension. Alternative scenario...
Pivot (invalidation): 1.1065 Our preference Long positions above 1.1065 with targets at 1.1095 & 1.1120 in extension. Alternative scenario...
The US dollar is weaker across the board on the back of a resilient risk appetite, but a worse than expected US GDP read could change the appetite for dollar. Demand in other safe haven assets, such as US treasuries and gold, remains solid...
US equities remained resilient to escalating US-China tensions, but trading was mixed in Asia. The Nikkei (+1.00%) and ASX (+1.40%) extended gains, while Shanghai’s Composite (-0.35%) and Hang Seng (-1...
Pivot (invalidation): 32.45 Our preference Short positions below 32.45 with targets at 31.15 & 30.70 in extension. Alternative scenario...
Pivot (invalidation): 17.4500 Our preference Short positions below 17.4500 with targets at 17.1600 & 17.0000 in extension. Alternative scenario...
Pivot (invalidation): 1721.00 Our preference Short positions below 1721.00 with targets at 1705.00 & 1694.00 in extension. Alternative scenario...