Jiming Huang / Blog
Pivot (invalidation): 5.8460 Our preference Short positions below 5.8460 with targets at 5.8020 & 5.7850 in extension. Alternative scenario Above 5.8460 look for further upside with 5.8620 & 5.8860 as targets...
Pivot (invalidation): 0.7140 Our preference Short positions below 0.7140 with targets at 0.7115 & 0.7100 in extension. Alternative scenario Above 0.7140 look for further upside with 0.7155 & 0.7170 as targets...
Pivot (invalidation): 1.3375 Our preference Short positions below 1.3375 with targets at 1.3330 & 1.3315 in extension. Alternative scenario Above 1.3375 look for further upside with 1.3390 & 1.3405 as targets...
Pivot (invalidation): 1.0135 Our preference Long positions above 1.0135 with targets at 1.0170 & 1.0190 in extension. Alternative scenario Below 1.0135 look for further downside with 1.0110 & 1.0085 as targets...
Pivot (invalidation): 111.95 Our preference Short positions below 111.95 with targets at 111.65 & 111.50 in extension. Alternative scenario Above 111.95 look for further upside with 112.05 & 112.15 as targets...
Pivot (invalidation): 1.3005 Our preference Short positions below 1.3005 with targets at 1.2975 & 1.2960 in extension. Alternative scenario Above 1.3005 look for further upside with 1.3020 & 1.3035 as targets...
Pivot (invalidation): 1.1240 Our preference Long positions above 1.1240 with targets at 1.1260 & 1.1275 in extension. Alternative scenario Below 1.1240 look for further downside with 1.1225 & 1.1210 as targets...
The day started out quietly with limited trading action during the Asian session. The last employment report from Australia didn’t rock the boat as it came in line with market expectations. In March, the unemployment rate stabilised at 5% as the employment change increased by 25...
Pivot (invalidation): 64.20 Our preference Short positions below 64.20 with targets at 63.40 & 63.15 in extension. Alternative scenario Above 64.20 look for further upside with 64.55 & 64.80 as targets...