Jiming Huang / Blog
Pivot (invalidation): 0.6915 Our preference Short positions below 0.6915 with targets at 0.6875 & 0.6860 in extension. Alternative scenario Above 0.6915 look for further upside with 0.6935 & 0.6955 as targets...
Pivot (invalidation): 1.3445 Our preference Short positions below 1.3445 with targets at 1.3395 & 1.3375 in extension. Alternative scenario Above 1.3445 look for further upside with 1.3470 & 1.3490 as targets...
Pivot (invalidation): 1.0100 Our preference Short positions below 1.0100 with targets at 1.0075 & 1.0060 in extension. Alternative scenario Above 1.0100 look for further upside with 1.0120 & 1.0135 as targets...
Pivot (invalidation): 110.00 Our preference Long positions above 110.00 with targets at 110.35 & 110.55 in extension. Alternative scenario Below 110.00 look for further downside with 109.85 & 109.70 as targets...
Pivot (invalidation): 1.2755 Our preference Short positions below 1.2755 with targets at 1.2710 & 1.2685 in extension. Alternative scenario Above 1.2755 look for further upside with 1.2780 & 1.2805 as targets...
Pivot (invalidation): 1.1150 Our preference Long positions above 1.1150 with targets at 1.1180 & 1.1200 in extension. Alternative scenario Below 1.1150 look for further downside with 1.1135 & 1.1120 as targets...
A lull on the front of negative trade war headlines are giving markets a little pause. JPY extends decline for a third session, pushing USD/JPY back above the 110 level (USD/JPY: +0.37% year-to-date...
Pivot (invalidation): 62.90 Our preference Long positions above 62.90 with targets at 64.05 & 64.70 in extension. Alternative scenario Below 62.90 look for further downside with 62.55 & 62.25 as targets...
Pivot (invalidation): 14.5100 Our preference Short positions below 14.5100 with targets at 14.3200 & 14.2600 in extension. Alternative scenario Above 14.5100 look for further upside with 14.5700 & 14.6800 as targets...