Jiming Huang / Blog
Pivot (invalidation): 11014.00 Our preference Short positions below 11014.00 with targets at 10770.00 & 10640.00 in extension. Alternative scenario...
Pivot (invalidation): 6.9750 Our preference Long positions above 6.9750 with targets at 6.9990 & 7.0070 in extension. Alternative scenario...
Pivot (invalidation): 0.6495 Our preference Short positions below 0.6495 with targets at 0.6435 & 0.6410 in extension. Alternative scenario...
Pivot (invalidation): 1.3945 Our preference Long positions above 1.3945 with targets at 1.4040 & 1.4075 in extension. Alternative scenario...
Pivot (invalidation): 0.9675 Our preference Short positions below 0.9675 with targets at 0.9635 & 0.9610 in extension. Alternative scenario...
Pivot (invalidation): 107.00 Our preference Long positions above 107.00 with targets at 107.50 & 107.80 in extension. Alternative scenario...
Pivot (invalidation): 1.2600 Our preference Short positions below 1.2600 with targets at 1.2525 & 1.2485 in extension. Alternative scenario...
Pivot (invalidation): 1.0920 Our preference Long positions above 1.0920 with targets at 1.0970 & 1.0990 in extension. Alternative scenario...
At its monetary policy meeting today, the European Central Bank (ECB) is expected to maintain the interest rates unchanged, as the ECB’s Q1 Bank Lending Survey showed that companies’ demand for short-term loans rose in the first quarter due to emergency cash needs in the context of the pandemic-h...