Jiming Huang / Blog
Pivot (invalidation): 106.60 Our preference Long positions above 106.60 with targets at 107.00 & 107.15 in extension. Alternative scenario...
Pivot (invalidation): 1.2395 Our preference Long positions above 1.2395 with targets at 1.2455 & 1.2485 in extension. Alternative scenario...
Pivot (invalidation): 0.9685 Our preference Long positions above 0.9685 with targets at 0.9730 & 0.9750 in extension. Alternative scenario...
Pivot (invalidation): 1.0820 Our preference Long positions above 1.0820 with targets at 1.0875 & 1.0895 in extension. Alternative scenario...
In the currency markets, the US dollar is down on the back of an untouched risk appetite, but the US treasuries remain in demand. The US 10-year yield remains capped near the 0.70% mark. The USDJPY attracted buyers near the 106-support, as the USDCHF reached the 200-day moving average (0.9785...
US and European equities closed Thursday’s session comfortably higher, and futures rose on prospects of business reopening, even though the White House stood against issuing specific guidelines on when and how to kick start the economic activity on fear that they could be too prescriptive, and fo...
Pivot (invalidation): 24.45 Our preference Short positions below 24.45 with targets at 23.20 & 22.55 in extension. Alternative scenario...
Pivot (invalidation): 15.1600 Our preference Long positions above 15.1600 with targets at 15.6000 & 15.8000 in extension. Alternative scenario...
Pivot (invalidation): 1703.00 Our preference Long positions above 1703.00 with targets at 1731.00 & 1745.00 in extension. Alternative scenario...