Jiming Huang / Blog
Pivot (invalidation): 1.0075 Our preference Short positions below 1.0075 with targets at 1.0050 & 1.0030 in extension. Alternative scenario Above 1.0075 look for further upside with 1.0095 & 1.0120 as targets...
Pivot (invalidation): 109.60 Our preference Short positions below 109.60 with targets at 109.20 & 109.00 in extension. Alternative scenario Above 109.60 look for further upside with 109.75 & 109.95 as targets...
Pivot (invalidation): 1.2670 Our preference Short positions below 1.2670 with targets at 1.2645 & 1.2625 in extension. Alternative scenario Above 1.2670 look for further upside with 1.2685 & 1.2700 as targets...
Pivot (invalidation): 1.1180 Our preference Short positions below 1.1180 with targets at 1.1150 & 1.1140 in extension. Alternative scenario Above 1.1180 look for further upside with 1.1195 & 1.1205 as targets...
The recent release of European elections results, although mostly feared by most investors, finally came in better than expected...
Despite the tense situation on the international stage, the latest batch of economic data from Switzerland surprised to the upside. However, the Swiss franc failed to catch any bid as it traded sideways against the greenback around 1.0040...
Pivot (invalidation): 58.50 Our preference Long positions above 58.50 with targets at 59.90 & 60.45 in extension. Alternative scenario Below 58.50 look for further downside with 58.20 & 57.85 as targets...
Pivot (invalidation): 14.6100 Our preference Short positions below 14.6100 with targets at 14.4900 & 14.4400 in extension. Alternative scenario Above 14.6100 look for further upside with 14.6400 & 14.6800 as targets...
Pivot (invalidation): 1286.50 Our preference Short positions below 1286.50 with targets at 1280.50 & 1277.00 in extension. Alternative scenario Above 1286.50 look for further upside with 1289.00 & 1291.50 as targets...