Jiming Huang / Blog

Pivot (invalidation): 10600.00 Our preference Long positions above 10600.00 with targets at 10800.00 & 10980.00 in extension. Alternative scenario...

Pivot (invalidation): 7.1500 Our preference Short positions below 7.1500 with targets at 7.0540 & 7.0160 in extension. Alternative scenario...

Pivot (invalidation): 0.6500 Our preference Long positions above 0.6500 with targets at 0.6570 & 0.6600 in extension. Alternative scenario...

Pivot (invalidation): 1.3970 Our preference Short positions below 1.3970 with targets at 1.3915 & 1.3885 in extension. Alternative scenario...

Pivot (invalidation): 0.9745 Our preference Short positions below 0.9745 with targets at 0.9710 & 0.9685 in extension. Alternative scenario...

j Pivot (invalidation): 106.20 Our preference Long positions above 106.20 with targets at 106.45 & 106.65 in extension...

Pivot (invalidation): 1.2350 Our preference Long positions above 1.2350 with targets at 1.2420 & 1.2450 in extension. Alternative scenario...

Pivot (invalidation): 1.0820 Our preference Long positions above 1.0820 with targets at 1.0855 & 1.0885 in extension. Alternative scenario...

In the UK, the Bank of England (BoE) is widely expected to maintain the interest rates and the bond purchases program unchanged at today’s monetary policy meeting...

The early week optimism faded on the back of mixed but mostly negative corporate results in the US, hundreds of earning calls proving that the economic collapse due to the coronavirus has been far worse than the 2008 subprime crisis according to a Fed study, and a devastating jobs report...