Jiming Huang / Blog
Pivot (invalidation): 0.5985 Our preference Long positions above 0.5985 with targets at 0.6050 & 0.6075 in extension. Alternative scenario...
Pivot (invalidation): 1.4180 Our preference Long positions above 1.4180 with targets at 1.4260 & 1.4300 in extension. Alternative scenario...
Pivot (invalidation): 0.9740 Our preference Long positions above 0.9740 with targets at 0.9795 & 0.9825 in extension. Alternative scenario...
Pivot (invalidation): 108.55 Our preference Long positions above 108.55 with targets at 109.35 & 109.70 in extension. Alternative scenario...
Pivot (invalidation): 1.2270 Our preference Short positions below 1.2270 with targets at 1.2205 & 1.2175 in extension. Alternative scenario...
Pivot (invalidation): 1.0830 Our preference Short positions below 1.0830 with targets at 1.0795 & 1.0775 in extension. Alternative scenario...
In the currency markets, the US dollar defines the overall direction for all. And the greenback remains strong as the risk-off behaviour reigns. Due today, the US nonfarm payrolls are expected to unveil 100’000 job losses in March...
Eyes on US NFPs after tragic jobless claims data. UK’s services PMI could be revised lower. The US jobless claims shot up by 6.6 million last week, as businesses stopped due to the coronavirus shutdowns leaving millions of Americans seeking for benefits...
Pivot (invalidation): 23.40 Our preference Long positions above 23.40 with targets at 25.10 & 25.85 in extension. Alternative scenario...