Jiming Huang / Blog
The EURUSD sees solid resistance near the 100-day moving average (1.0976). The renewed safety inflows to the US dollar could encourage a set back toward the 1.08 mark, the major 38.2% retracement on the latest rebound. Cable on the other hand slipped below the 1...
Asian equities kicked off the week on a mixed note. China and Japan were closed for holiday, the ASX 200 gained 1.13%, while stocks in Hong Kong lost around 4% on worries that Donald Trump could impose new tariffs on Chinese exports...
Pivot (invalidation): 19.70 Our preference Short positions below 19.70 with targets at 17.70 & 16.55 in extension. Alternative scenario...
Pivot (invalidation): 14.9900 Our preference Short positions below 14.9900 with targets at 14.6800 & 14.5900 in extension. Alternative scenario...
Pivot (invalidation): 1685.00 Our preference Long positions above 1685.00 with targets at 1706.00 & 1714.00 in extension. Alternative scenario...
Pivot (invalidation): 2868.00 Our preference Short positions below 2868.00 with targets at 2797.00 & 2757.00 in extension. Alternative scenario...
Pivot (invalidation): 11014.00 Our preference Short positions below 11014.00 with targets at 10770.00 & 10640.00 in extension. Alternative scenario...
Pivot (invalidation): 7.0020 Our preference Long positions above 7.0020 with targets at 7.0290 & 7.0400 in extension. Alternative scenario...
Pivot (invalidation): 0.6420 Our preference Short positions below 0.6420 with targets at 0.6370 & 0.6350 in extension. Alternative scenario...