Jiming Huang / Blog
Pivot (invalidation): 1.2310 Our preference Long positions above 1.2310 with targets at 1.2345 & 1.2355 in extension. Alternative scenario...
Pivot (invalidation): 107.00 Our preference Short positions below 107.00 with targets at 106.60 & 106.45 in extension. Alternative scenario...
Pivot (invalidation): 0.9935 Our preference Long positions above 0.9935 with targets at 0.9960 & 0.9975 in extension. Alternative scenario...
Pivot (invalidation): 1.0970 Our preference Long positions above 1.0970 with targets at 1.1000 & 1.1020 in extension. Alternative scenario...
As with most emerging countries seeking to boost economic growth, the members of the Board of Directors of the Reserve Bank of India unanimously voted in favor of a further rate cut. The RBI's repo rate is now at 5.15% (-1.35% year-to-date), a decrease of 0...
After a more than disappointing reading in ISM manufacturing last Tuesday (47.8 versus 50 median forecast and 49.1 in August), the non-manufacturing gauge received more attention than ever yesterday as market participants struggle to whether the US economy is heading towards a recession...
Pivot (invalidation): 52.90 Our preference Short positions below 52.90 with targets at 51.85 & 51.40 in extension. Alternative scenario...
Pivot (invalidation): 17.5100 Our preference Long positions above 17.5100 with targets at 17.7100 & 17.7900 in extension. Alternative scenario...
Pivot (invalidation): 1503.00 Our preference Long positions above 1503.00 with targets at 1514.00 & 1519.50 in extension. Alternative scenario...