Jiming Huang / Blog
Pivot (invalidation): 1.2245 Our preference Short positions below 1.2245 with targets at 1.2185 & 1.2165 in extension. Alternative scenario...
Pivot (invalidation): 1.0825 Our preference Short positions below 1.0825 with targets at 1.0800 & 1.0785 in extension. Alternative scenario...
Released this morning, the British production and growth data surprised to the upside. The industrial production slumped by 8.2% y-o-y in March versus 9.3% expected by analysts and the first quarter GDP contracted by 2% versus 2.5% penciled in. The pound shortly rebounded to 1...
Pivot (invalidation): 25.10 Our preference Long positions above 25.10 with targets at 26.20 & 26.75 in extension. Alternative scenario...
Pivot (invalidation): 15.6200 Our preference Short positions below 15.6200 with targets at 15.3100 & 15.1900 in extension. Alternative scenario...
Pivot (invalidation): 1711.00 Our preference Short positions below 1711.00 with targets at 1696.00 & 1690.00 in extension. Alternative scenario...
Pivot (invalidation): 2900.00 Our preference Short positions below 2900.00 with targets at 2847.00 & 2826.00 in extension. Alternative scenario...
Pivot (invalidation): 10900.00 Our preference Short positions below 10900.00 with targets at 10720.00 & 10600.00 in extension. Alternative scenario...