Jiming Huang / Blog
Pivot (invalidation): 0.9720 Our preference Long positions above 0.9720 with targets at 0.9745 & 0.9765 in extension. Alternative scenario...
Pivot (invalidation): 108.95 Our preference Long positions above 108.95 with targets at 109.45 & 109.60 in extension. Alternative scenario...
Pivot (invalidation): 1.3130 Our preference Short positions below 1.3130 with targets at 1.3080 & 1.3060 in extension. Alternative scenario...
Pivot (invalidation): 1.1130 Our preference Short positions below 1.1130 with targets at 1.1100 & 1.1085 in extension. Alternative scenario...
Winds seem to be turning for the single currency after benefitting from stoic trade activities during the holiday season. Yet rising Middle East geopolitical tensions combined with poor economic data in Germany are weighing on the single currency despite a slight rebound in consumer prices...
2020 has started with a geopolitical « White Swan » (an understood risk that occurred unexpectedly) in the Middle East involving the US and Iran. Overnight the situation has escalated as Iran fired more than a dozen ballistic missiles on two bases in Iraq that house American Troops...
Pivot (invalidation): 64.50 Our preference Short positions below 64.50 with targets at 62.85 & 62.10 in extension. Alternative scenario...
Pivot (invalidation): 18.4000 Our preference Long positions above 18.4000 with targets at 18.7200 & 18.8500 in extension. Alternative scenario...
Pivot (invalidation): 1579.00 Our preference Long positions above 1579.00 with targets at 1602.50 & 1611.00 in extension. Alternative scenario...