Jiming Huang / Blog
Pivot (invalidation): 13140.00 Our preference Long positions above 13140.00 with targets at 13250.00 & 13315.00 in extension. Alternative scenario...
Pivot (invalidation): 5.9250 Our preference Long positions above 5.9250 with targets at 5.9550 & 5.9700 in extension. Alternative scenario...
Pivot (invalidation): 0.6880 Our preference Long positions above 0.6880 with targets at 0.6905 & 0.6920 in extension. Alternative scenario...
Pivot (invalidation): 1.3115 Our preference Long positions above 1.3115 with targets at 1.3150 & 1.3165 in extension. Alternative scenario...
Pivot (invalidation): 0.9770 Our preference Long positions above 0.9770 with targets at 0.9810 & 0.9820 in extension. Alternative scenario...
Pivot (invalidation): 109.20 Our preference Long positions above 109.20 with targets at 109.40 & 109.50 in extension. Alternative scenario...
Pivot (invalidation): 1.3055 Our preference Short positions below 1.3055 with targets at 1.2990 & 1.2955 in extension. Alternative scenario...
Pivot (invalidation): 1.1130 Our preference Short positions below 1.1130 with targets at 1.1110 & 1.1095 in extension. Alternative scenario...
Now that details of the Phase One deal are getting finalized and partial tariffs rollback are subsequently published, the People’s Bank of China is determined to keep up with easing of monetary policy. After cutting its 7-day reverse repo rate to 2.50% (prior: 2...