Jiming Huang / Blog
With the coronavirus outbreak in China ongoing, highly cyclical currencies with strong ties to Chinese growth have been hit hard. And this is the case for the Australian dollar. The AUDUSD fell by around 3% earlier this week...
Negotiations around the UK's departure from the European Union dominated the direction of the British pound over the past few years...
Pivot (invalidation): 51.00 Our preference Long positions above 51.00 with targets at 52.25 & 53.00 in extension. Alternative scenario...
Pivot (invalidation): 17.7200 Our preference Short positions below 17.7200 with targets at 17.5200 & 17.4600 in extension. Alternative scenario...
Pivot (invalidation): 1559.50 Our preference Short positions below 1559.50 with targets at 1550.00 & 1547.00 in extension. Alternative scenario...
Pivot (invalidation): 3314.00 Our preference Long positions above 3314.00 with targets at 3353.00 & 3383.00 in extension. Alternative scenario...
Pivot (invalidation): 13575.00 Our preference Short positions below 13575.00 with targets at 13340.00 & 13270.00 in extension. Alternative scenario...
Pivot (invalidation): 5.9880 Our preference Short positions below 5.9880 with targets at 5.9720 & 5.9660 in extension. Alternative scenario...
Pivot (invalidation): 0.6740 Our preference Long positions above 0.6740 with targets at 0.6775 & 0.6785 in extension. Alternative scenario...