Jiming Huang / Blog
Pivot (invalidation): 0.9980 Our preference Short positions below 0.9980 with targets at 0.9950 & 0.9935 in extension. Alternative scenario...
Pivot (invalidation): 108.55 Our preference Short positions below 108.55 with targets at 108.00 & 107.80 in extension. Alternative scenario...
Pivot (invalidation): 1.2645 Our preference Short positions below 1.2645 with targets at 1.2540 & 1.2495 in extension. Alternative scenario...
Pivot (invalidation): 1.1045 Our preference Short positions below 1.1045 with targets at 1.1020 & 1.1000 in extension. Alternative scenario...
The latest developments on the Brexit front have put the Sterling on the sideline following daunting reactions of EU leaders over a Brexit deal submitted earlier last week...
US September core CPI was lower than expected at 0.1% vs. 0.2% expected. This unexpected read challenges the view that core inflations are rising. This increases our confidence that the 30th October rate cut will move forward...
Pivot (invalidation): 17.6000 Our preference Short positions below 17.6000 with targets at 17.3700 & 17.3100 in extension. Alternative scenario...
Pivot (invalidation): 53.40 Our preference Long positions above 53.40 with targets at 54.10 & 54.45 in extension. Alternative scenario...
Pivot (invalidation): 1499.50 Our preference Short positions below 1499.50 with targets at 1490.00 & 1486.50 in extension. Alternative scenario...