Jiming Huang / Blog
Pivot (invalidation): 0.9650 Our preference Long positions above 0.9650 with targets at 0.9750 & 0.9800 in extension. Alternative scenario...
Pivot (invalidation): 108.45 Our preference Long positions above 108.45 with targets at 109.80 & 110.45 in extension. Alternative scenario...
Pivot (invalidation): 1.1660 Our preference Short positions below 1.1660 with targets at 1.1440 & 1.1310 in extension. Alternative scenario...
Pivot (invalidation): 1.0935 Our preference Short positions below 1.0935 with targets at 1.0865 & 1.0830 in extension. Alternative scenario...
Due today, European inflation figures are seen unchanged in February. But the expectations proved weak factoring in the impact of coronavirus pandemic this far, hence investors should stand ready for disappointment. The euro dashed below the 1...
With supply chains disrupted since February, countries hit one after the other and businesses closed in many leading economies, it is not a question of if, but a matter of how bad and how long the coronavirus-induced recession will be...
Pivot (invalidation): 28.10 Our preference Short positions below 28.10 with targets at 26.20 & 25.30 in extension. Alternative scenario...
Pivot (invalidation): 12.3800 Our preference Long positions above 12.3800 with targets at 13.2800 & 13.5000 in extension. Alternative scenario...
Pivot (invalidation): 1507.00 Our preference Long positions above 1507.00 with targets at 1554.00 & 1563.00 in extension. Alternative scenario...