Jiming Huang / Blog
Pivot (invalidation): 0.6445 Our preference Short positions below 0.6445 with targets at 0.6375 & 0.6355 in extension. Alternative scenario...
Pivot (invalidation): 1.3920 Our preference Short positions below 1.3920 with targets at 1.3860 & 1.3825 in extension. Alternative scenario...
Pivot (invalidation): 0.9620 Our preference Short positions below 0.9620 with targets at 0.9590 & 0.9570 in extension. Alternative scenario...
Pivot (invalidation): 107.30 Our preference Short positions below 107.30 with targets at 106.95 & 106.70 in extension. Alternative scenario...
Pivot (invalidation): 1.2580 Our preference Long positions above 1.2580 with targets at 1.2650 & 1.2690 in extension. Alternative scenario...
Pivot (invalidation): 1.0960 Our preference Long positions above 1.0960 with targets at 1.1000 & 1.1020 in extension. Alternative scenario...
Gold started the week with a heavy rise in demand. The price of an ounce cleared the $1700 offers as investors piled into the precious metal in preparation for potentially hectic price moves over the coming days and weeks. US treasuries remain bid, with the 10-year US treasury yield below the 0...
Asian equities kicked off the week on a mostly positive note on the back of encouraging trade data in China. Chinese exports fell 6.6% in March versus a 14% slump expected by analysts and a 17.2% decline recorded a month earlier. Imports retreated 0.9% y-o-y during the same month versus -9...
Pivot (invalidation): 23.30 Our preference Short positions below 23.30 with targets at 22.05 & 21.10 in extension. Alternative scenario...