Jiming Huang / Blog
Pivot (invalidation): 1.0000 Our preference Short positions below 1.0000 with targets at 0.9965 & 0.9940 in extension. Alternative scenario Above 1.0000 look for further upside with 1.0020 & 1.0040 as targets...
Pivot (invalidation): 108.45 Our preference Short positions below 108.45 with targets at 108.05 & 107.75 in extension. Alternative scenario Above 108.45 look for further upside with 108.70 & 108.90 as targets...
Pivot (invalidation): 1.2620 Our preference Long positions above 1.2620 with targets at 1.2675 & 1.2700 in extension. Alternative scenario Below 1.2620 look for further downside with 1.2600 & 1.2580 as targets...
Pivot (invalidation): 1.1165 Our preference Long positions above 1.1165 with targets at 1.1200 & 1.1215 in extension. Alternative scenario Below 1.1165 look for further downside with 1.1150 & 1.1135 as targets...
In September 2018 President Trump put a 10% tax on a long list of imports from China. In May 2019 the tax was raised to 25%. The list of items runs to 194 pages. Reading through it is a slightly weird experience...
Japan has the longest period of growth in post-war history. From June the US will have the longest period of growth in post-war history. Global unemployment is around a forty-year low. This hints that the economic cycle is quite old. Economic growth does not die of old age...
The resumption of trade war headlines has pushed JPY into demand, as optimism over a potential recovery of world economies along 2H 2019 is mitigated...
n the G10 yields are falling. In the U.S, there have been periods were inverted yields curves have not to lead to an economic recession. However, never has a recession transpired without an inverted yield curve...
Pivot (invalidation): 57.10 Our preference Short positions below 57.10 with targets at 55.00 & 54.05 in extension. Alternative scenario Above 57.10 look for further upside with 57.85 & 58.15 as targets...