Jiming Huang / Blog
Pivot (invalidation): 1.3225 Our preference Short positions below 1.3225 with targets at 1.3170 & 1.3130 in extension. Alternative scenario Above 1.3225 look for further upside with 1.3245 & 1.3265 as targets...
Pivot (invalidation): 0.9740 Our preference Short positions below 0.9740 with targets at 0.9700 & 0.9685 in extension. Alternative scenario Above 0.9740 look for further upside with 0.9760 & 0.9780 as targets...
Pivot (invalidation): 105.80 Our preference Long positions above 105.80 with targets at 106.65 & 107.00 in extension. Alternative scenario Below 105.80 look for further downside with 105.55 & 105.30 as targets...
Pivot (invalidation): 1.2135 Our preference Long positions above 1.2135 with targets at 1.2190 & 1.2205 in extension. Alternative scenario Below 1.2135 look for further downside with 1.2120 & 1.2100 as targets...
Pivot (invalidation): 1.1210 Our preference Long positions above 1.1210 with targets at 1.1250 & 1.1265 in extension. Alternative scenario Below 1.1210 look for further downside with 1.1190 & 1.1170 as targets...
US President Trump's plan to tariff the last tranche of untaxed Chinese imports by 10%, starting on 1 September, escalates the level of tensions between the two countries. We expect a measured response from China, with retaliation involving a mix of more tariffs and non-tariff measures...
Chinese yuan breach of long-defended landmark 7 to the greenback is finally over, a trend that genuinely confirms Chinese authorities’ willingness to support economic growth and financial stability in a context of worsening trade with the United States...
Pivot (invalidation): 55.85 Our preference Short positions below 55.85 with targets at 54.75 & 54.15 in extension. Alternative scenario Above 55.85 look for further upside with 56.60 & 57.20 as targets...
Pivot (invalidation): 16.2500 Our preference Long positions above 16.2500 with targets at 16.5100 & 16.6500 in extension. Alternative scenario Below 16.2500 look for further downside with 16.1000 & 15.9800 as targets...