Jiming Huang / Blog
Pivot (invalidation): 0.6750 Our preference Short positions below 0.6750 with targets at 0.6715 & 0.6700 in extension. Alternative scenario...
Pivot (invalidation): 1.3220 Our preference Short positions below 1.3220 with targets at 1.3190 & 1.3165 in extension. Alternative scenario...
Pivot (invalidation): 0.9995 Our preference Short positions below 0.9995 with targets at 0.9970 & 0.9960 in extension. Alternative scenario...
Pivot (invalidation): 108.90 Our preference Short positions below 108.90 with targets at 108.50 & 108.30 in extension. Alternative scenario...
Pivot (invalidation): 1.2720 Our preference Long positions above 1.2720 with targets at 1.2800 & 1.2850 in extension. Alternative scenario...
Pivot (invalidation): 1.1040 Our preference Short positions below 1.1040 with targets at 1.1015 & 1.1000 in extension. Alternative scenario...
Questions may arise on what actually triggers the current Turkish lira recovery phase despite the latest announcement of US sanctions against the Turkish economy...
This week financial markets remained highly sensitive to political and geopolitical developments with the China-US trade war and Brexit negotiations in the spotlight. Even though the so-called “phase one” trade deal looks more and more like a dud, market participants remained mostly bullish...
Pivot (invalidation): 53.70 Our preference Short positions below 53.70 with targets at 53.10 & 52.75 in extension. Alternative scenario...