Jiming Huang / Blog
Pivot (invalidation): 1.2215 Our preference Long positions above 1.2215 with targets at 1.2290 & 1.2320 in extension. Alternative scenario...
Pivot (invalidation): 1.0780 Our preference Long positions above 1.0780 with targets at 1.0835 & 1.0865 in extension. Alternative scenario...
In the currency markets, the shock on US jobs figures fueled USD purchases on Friday, but the greenback is softer on a slightly improved risk appetite this morning. The EURUSD traded a touch above the 1.08 handle...
Asian equities kicked off the week on a positive note. Stocks in Sydney jumped past 4%, Nikkei gained 2.37% and the Hang Seng added 1.11%. Chinese and Indian markets were closed due to holiday. The three major US stock indices surged circa 3.30% after closing 1...
Pivot (invalidation): 26.00 Our preference Long positions above 26.00 with targets at 28.10 & 29.10 in extension. Alternative scenario...
Pivot (invalidation): 14.2200 Our preference Long positions above 14.2200 with targets at 14.5500 & 14.7100 in extension. Alternative scenario...
Pivot (invalidation): 1605.00 Our preference Long positions above 1605.00 with targets at 1627.00 & 1637.00 in extension. Alternative scenario...
Pivot (invalidation): 2430.00 Our preference Long positions above 2430.00 with targets at 2539.00 & 2570.00 in extension. Alternative scenario...
Pivot (invalidation): 9337.00 Our preference Long positions above 9337.00 with targets at 9760.00 & 9950.00 in extension. Alternative scenario...