Jiming Huang / Blog
Pivot (invalidation): 5.5880 Our preference Short positions below 5.5880 with targets at 5.5450 & 5.5150 in extension. Alternative scenario Above 5.5880 look for further upside with 5.6200 & 5.6470 as targets...
Pivot (invalidation): 0.6860 Our preference Long positions above 0.6860 with targets at 0.6910 & 0.6930 in extension. Alternative scenario Below 0.6860 look for further downside with 0.6845 & 0.6830 as targets...
Pivot (invalidation): 1.3155 Our preference Short positions below 1.3155 with targets at 1.3115 & 1.3100 in extension. Alternative scenario Above 1.3155 look for further upside with 1.3170 & 1.3185 as targets...
Pivot (invalidation): 0.9915 Our preference Short positions below 0.9915 with targets at 0.9890 & 0.9870 in extension. Alternative scenario Above 0.9915 look for further upside with 0.9930 & 0.9945 as targets...
Pivot (invalidation): 108.70 Our preference Short positions below 108.70 with targets at 108.45 & 108.30 in extension. Alternative scenario Above 108.70 look for further upside with 108.90 & 109.00 as targets...
Pivot (invalidation): 1.2185 Our preference Short positions below 1.2185 with targets at 1.2120 & 1.2100 in extension. Alternative scenario Above 1.2185 look for further upside with 1.2215 & 1.2245 as targets...
Pivot (invalidation): 1.1145 Our preference Long positions above 1.1145 with targets at 1.1165 & 1.1180 in extension. Alternative scenario Below 1.1145 look for further downside with 1.1130 & 1.1110 as targets...
China's recent second-quarter economic print made headlines across the world. Bloomberg headlined the news with "China economy slips to record low growth," while the Financial Times noted "China's economy grows at the slowest rate in nearly 30 years...
Without much surprise, the Bank of Japan (BoJ) has not decided to implement additional monetary policy easing measures, as its practicability remains a major challenge for central bank members...