Jiming Huang / Blog
Pivot (invalidation): 6.0440 Our preference Short positions below 6.0440 with targets at 5.9900 & 5.9530 in extension. Alternative scenario Above 6.0440 look for further upside with 6.0790 & 6.1080 as targets...
Pivot (invalidation): 0.6935 Our preference Short positions below 0.6935 with targets at 0.6890 & 0.6870 in extension. Alternative scenario Above 0.6935 look for further upside with 0.6950 & 0.6960 as targets...
Pivot (invalidation): 1.3455 Our preference Short positions below 1.3455 with targets at 1.3420 & 1.3400 in extension. Alternative scenario Above 1.3455 look for further upside with 1.3485 & 1.3505 as targets...
Pivot (invalidation): 1.0095 Our preference Short positions below 1.0095 with targets at 1.0070 & 1.0050 in extension. Alternative scenario Above 1.0095 look for further upside with 1.0110 & 1.0125 as targets...
Pivot (invalidation): 109.70 Our preference Short positions below 109.70 with targets at 109.15 & 109.00 in extension. Alternative scenario Above 109.70 look for further upside with 109.90 & 110.05 as targets...
Pivot (invalidation): 1.2880 Our preference Short positions below 1.2880 with targets at 1.2825 & 1.2780 in extension. Alternative scenario Above 1.2880 look for further upside with 1.2925 & 1.2960 as targets...
Pivot (invalidation): 1.1195 Our preference Long positions above 1.1195 with targets at 1.1225 & 1.1245 in extension. Alternative scenario Below 1.1195 look for further downside with 1.1180 & 1.1165 as targets...
Market participants are looking closely for signs of a recovery in economic growth in the euro area, as 1Q 2019 GDP figures are released this morning. Although considering yesterday release of ZEW sentiment indicator for May pointing to -1.6 (prior: 4...
Pivot (invalidation): 61.75 Our preference Short positions below 61.75 with targets at 61.15 & 60.65 in extension. Alternative scenario Above 61.75 look for further upside with 62.10 & 62.65 as targets...