Jiming Huang / Blog
Pivot (invalidation): 106.25 Our preference Short positions below 106.25 with targets at 105.75 & 105.50 in extension. Alternative scenario Above 106.25 look for further upside with 106.60 & 107.00 as targets...
Pivot (invalidation): 1.2125 Our preference Long positions above 1.2125 with targets at 1.2150 & 1.2165 in extension. Alternative scenario Below 1.2125 look for further downside with 1.2110 & 1.2095 as targets...
Pivot (invalidation): 1.1215 Our preference Short positions below 1.1215 with targets at 1.1175 & 1.1155 in extension. Alternative scenario Above 1.1215 look for further upside with 1.1240 & 1.1265 as targets...
The New Zealand dollar tumbled more than 1.8% during the Asian session amid a bigger-than-expected rate cut from the Reserve Bank of New Zealand. The Kiwi fell as much as 180pips to 0...
Speculation is now a fact: the Swiss National Bank is actively intervening on the market since mid-July to stabilize the currency...
Pivot (invalidation): 51.70 Our preference Long positions above 51.70 with targets at 53.15 & 53.75 in extension. Alternative scenario Below 51.70 look for further downside with 51.25 & 50.55 as targets...
Pivot (invalidation): 17.0200 Our preference Long positions above 17.0200 with targets at 17.2400 & 17.3200 in extension. Alternative scenario Below 17.0200 look for further downside with 16.8200 & 16.6700 as targets...
Pivot (invalidation): 1491.00 Our preference Long positions above 1491.00 with targets at 1510.00 & 1521.00 in extension. Alternative scenario Below 1491.00 look for further downside with 1481.00 & 1472.00 as targets...
Pivot (invalidation): 2847.00 Our preference Long positions above 2847.00 with targets at 2913.00 & 2935.00 in extension. Alternative scenario Below 2847.00 look for further downside with 2822.00 & 2805.00 as targets...