Jiming Huang / Blog
Pivot (invalidation): 0.6485 Our preference Long positions above 0.6485 with targets at 0.6545 & 0.6575 in extension. Alternative scenario...
Pivot (invalidation): 1.4000 Our preference Short positions below 1.4000 with targets at 1.3895 & 1.3860 in extension. Alternative scenario...
Pivot (invalidation): 0.9750 Our preference Short positions below 0.9750 with targets at 0.9715 & 0.9700 in extension. Alternative scenario...
Pivot (invalidation): 106.90 Our preference Short positions below 106.90 with targets at 106.35 & 106.15 in extension. Alternative scenario...
Pivot (invalidation): 1.2420 Our preference Long positions above 1.2420 with targets at 1.2510 & 1.2530 in extension. Alternative scenario...
Pivot (invalidation): 1.0815 Our preference Long positions above 1.0815 with targets at 1.0870 & 1.0890 in extension...
In the currencies market, the US dollar index strengthened a touch above the 100 mark on the back of fading global risk appetite. The two-day Federal Reserve (Fed) meeting starts today...
US and European equities closed firmly higher on Monday, despite rising anxieties about the GDP data due later this week. Stocks in Asia traded mixed. The Nikkei (-0.28%) and the ASX 200 (-0.50%) retreated, while Shanghai’s Composite (+0.11%) and Hang Seng (+0.77%) recorded moderate gains...
Pivot (invalidation): 15.2200 Our preference Short positions below 15.2200 with targets at 14.9400 & 14.8300 in extension. Alternative scenario...