Jiming Huang / Blog
Pivot (invalidation): 1.2870 Our preference Short positions below 1.2870 with targets at 1.2820 & 1.2805 in extension. Alternative scenario...
Pivot (invalidation): 1.1075 Our preference Short positions below 1.1075 with targets at 1.1040 & 1.1025 in extension. Alternative scenario...
Unlike its Australian peer, the situation for the Kiwi appears less appealing following the reading of both inflation and labor data that confirm increased sensitivity of New Zealand from the US – China trade discord, prompting further easing from the Reserve Bank of New Zealand...
Outside of the UK, the world is taking a much need break from discussing Brexit. GBPUSD has settled smack in the middle between 1.2800 and 1.3000. British PM Boris Johnson has formally announced 12th December elections...
Pivot (invalidation): 56.65 Our preference Long positions above 56.65 with targets at 57.35 & 57.70 in extension. Alternative scenario...
Pivot (invalidation): 17.6700 Our preference Short positions below 17.6700 with targets at 17.5100 & 17.3900 in extension. Alternative scenario...
Pivot (invalidation): 1490.00 Our preference Short positions below 1490.00 with targets at 1479.00 & 1474.00 in extension. Alternative scenario...
Pivot (invalidation): 3084.00 Our preference Short positions below 3084.00 with targets at 3067.25 & 3049.00 in extension. Alternative scenario...
Pivot (invalidation): 13075.00 Our preference Long positions above 13075.00 with targets at 13200.00 & 13270.00 in extension. Alternative scenario...