Jiming Huang / Blog
Pivot (invalidation): 107.55 Our preference Short positions below 107.55 with targets at 106.70 & 106.25 in extension. Alternative scenario Above 107.55 look for further upside with 107.90 & 108.20 as targets...
Pivot (invalidation): 1.2155 Our preference Short positions below 1.2155 with targets at 1.2080 & 1.2035 in extension. Alternative scenario Above 1.2155 look for further upside with 1.2205 & 1.2250 as targets...
Pivot (invalidation): 1.1095 Our preference Short positions below 1.1095 with targets at 1.1060 & 1.1040 in extension. Alternative scenario Above 1.1095 look for further upside with 1.1110 & 1.1135 as targets...
AUD bulls should be very satisfied with the recent release of upbeat inflation data in the second quarter...
Fed officials are expected to deliver their first interest rate cut since December 2008. Despite the fact that the economic conditions do not justify looser monetary policy, Jerome Powell should trim the Fed funds rate target band by 25bps to 2%-2.25...
Pivot (invalidation): 57.95 Our preference Long positions above 57.95 with targets at 58.70 & 59.15 in extension. Alternative scenario Below 57.95 look for further downside with 57.50 & 56.95 as targets...
Pivot (invalidation): 16.4200 Our preference Long positions above 16.4200 with targets at 16.5200 & 16.6000 in extension. Alternative scenario Below 16.4200 look for further downside with 16.3800 & 16.3300 as targets...
Pivot (invalidation): 1426.00 Our preference Long positions above 1426.00 with targets at 1433.00 & 1437.00 in extension. Alternative scenario Below 1426.00 look for further downside with 1422.00 & 1417.00 as targets...
Pivot (invalidation): 3009.00 Our preference Long positions above 3009.00 with targets at 3017.00 & 3022.00 in extension. Alternative scenario Below 3009.00 look for further downside with 3004.00 & 3000.00 as targets...