Jiming Huang / Blog
Pivot (invalidation): 107.95 Our preference Short positions below 107.95 with targets at 107.45 & 107.20 in extension. Alternative scenario...
Pivot (invalidation): 1.2505 Our preference Short positions below 1.2505 with targets at 1.2450 & 1.2425 in extension. Alternative scenario...
Pivot (invalidation): 1.1065 Our preference Long positions above 1.1065 with targets at 1.1085 & 1.1105 in extension. Alternative scenario...
The recent events of the week have been taken largely positively to the detriment of haven assets though...
The easing cycle is alive and well in EM counties with Turkey moving forward with a significant reduction. In an unexpected move, the Central banks of Turkey chopped its benchmark one-week repo rate by 325bp. The policy rate now stands at 16.5% from 19...
Pivot (invalidation): 54.65 Our preference Long positions above 54.65 with targets at 55.30 & 55.60 in extension. Alternative scenario...
Pivot (invalidation): 18.2500 Our preference Short positions below 18.2500 with targets at 17.8700 & 17.7500 in extension. Alternative scenario...
Pivot (invalidation): 1505.00 Our preference Short positions below 1505.00 with targets at 1488.50 & 1484.00 in extension. Alternative scenario...
Pivot (invalidation): 2990.00 Our preference Long positions above 2990.00 with targets at 3029.00 & 3045.00 in extension. Alternative scenario...