Jiming Huang / Blog
Pivot (invalidation): 1.2495 Our preference Long positions above 1.2495 with targets at 1.2540 & 1.2560 in extension. Alternative scenario Below 1.2495 look for further downside with 1.2480 & 1.2460 as targets...
Pivot (invalidation): 1.1250 Our preference Long positions above 1.1250 with targets at 1.1280 & 1.1300 in extension. Alternative scenario Below 1.1250 look for further downside with 1.1235 & 1.1220 as targets...
On Wednesday, the US dollar consolidated recent gains ahead of a speech by Fed Chair Powell before the House of Representatives. The dollar index stabilised around 97.48, trading flat on the session. The single currency stayed above the 1...
Pivot (invalidation): 58.15 Our preference Long positions above 58.15 with targets at 59.10 & 59.45 in extension. Alternative scenario Below 58.15 look for further downside with 57.75 & 57.40 as targets...
Pivot (invalidation): 15.0200 Our preference Long positions above 15.0200 with targets at 15.1200 & 15.1600 in extension. Alternative scenario Below 15.0200 look for further downside with 14.9500 & 14.8800 as targets...
Pivot (invalidation): 1391.50 Our preference Long positions above 1391.50 with targets at 1399.00 & 1403.50 in extension. Alternative scenario Below 1391.50 look for further downside with 1387.00 & 1381.50 as targets...
Pivot (invalidation): 2968.00 Our preference Long positions above 2968.00 with targets at 2985.00 & 2994.00 in extension. Alternative scenario Below 2968.00 look for further downside with 2958.00 & 2943.00 as targets...
Pivot (invalidation): 12490.00 Our preference Short positions below 12490.00 with targets at 12380.00 & 12336.00 in extension. Alternative scenario Above 12490.00 look for further upside with 12540.00 & 12575.00 as targets...