Jiming Huang / Blog

Pivot (invalidation): 2890.00 Our preference Long positions above 2890.00 with targets at 2944.00 & 2973.00 in extension. Alternative scenario...

Pivot (invalidation): 11650.00 Our preference Long positions above 11650.00 with targets at 11870.00 & 11990.00 in extension. Alternative scenario...

Pivot (invalidation): 5.5120 Our preference Short positions below 5.5120 with targets at 5.4800 & 5.4620 in extension. Alternative scenario...

Pivot (invalidation): 0.6795 Our preference Short positions below 0.6795 with targets at 0.6765 & 0.6750 in extension. Alternative scenario...

Pivot (invalidation): 1.3230 Our preference Short positions below 1.3230 with targets at 1.3200 & 1.3180 in extension. Alternative scenario...

Pivot (invalidation): 0.9740 Our preference Short positions below 0.9740 with targets at 0.9705 & 0.9690 in extension. Alternative scenario...

. Pivot (invalidation): 105.70 Our preference Short positions below 105.70 with targets at 105.25 & 104.95 in extension...

Pivot (invalidation): 1.2050 Our preference Short positions below 1.2050 with targets at 1.2015 & 1.1990 in extension. Alternative scenario...

Pivot (invalidation): 1.1195 Our preference Long positions above 1.1195 with targets at 1.1225 & 1.1240 in extension. Alternative scenario...

Despite an upside surprise in Japan’s GDP growth, the yen was little changed. In the three months to June, GDP growth accelerated to 1.8%q/q annualised, beating estimates of 0.5%, while 1Q figure was revised to the upside from 2.2% to 2.8...