Jiming Huang / Blog
Pivot (invalidation): 1.0940 Our preference Long positions above 1.0940 with targets at 1.0975 & 1.0990 in extension. Alternative scenario...
As was widely expected the Reserve Bank of New Zealand (RBNZ) held the Official Cash Rate (OCR) at 1.00%. The press conference seemed slightly less dovish then past meetings. The language introduced conditionality for providing further easing...
Pivot (invalidation): 58.05 Our preference Long positions above 58.05 with targets at 58.70 & 59.05 in extension. Alternative scenario...
Pivot (invalidation): 18.4100 Our preference Long positions above 18.4100 with targets at 18.7400 & 18.8300 in extension. Alternative scenario...
Pivot (invalidation): 1516.00 Our preference Long positions above 1516.00 with targets at 1526.50 & 1531.00 in extension. Alternative scenario...
Pivot (invalidation): 2978.50 Our preference Long positions above 2978.50 with targets at 3006.00 & 3022.00 in extension...
Pivot (invalidation): 12400.00 Our preference Short positions below 12400.00 with targets at 12260.00 & 12200.00 in extension. Alternative scenario...
Pivot (invalidation): 5.7270 Our preference Short positions below 5.7270 with targets at 5.7060 & 5.6920 in extension. Alternative scenario...