Jiming Huang / Blog
Pivot (invalidation): 5.7200 Our preference Long positions above 5.7200 with targets at 5.7550 & 5.7750 in extension. Alternative scenario Below 5.7200 look for further downside with 5.7000 & 5.6730 as targets...
Pivot (invalidation): 0.7135 Our preference Short positions below 0.7135 with targets at 0.7110 & 0.7090 in extension. Alternative scenario Above 0.7135 look for further upside with 0.7150 & 0.7165 as targets...
Pivot (invalidation): 1.3355 Our preference Long positions above 1.3355 with targets at 1.3390 & 1.3405 in extension. Alternative scenario Below 1.3355 look for further downside with 1.3335 & 1.3310 as targets...
Pivot (invalidation): 1.0010 Our preference Long positions above 1.0010 with targets at 1.0045 & 1.0060 in extension. Alternative scenario Below 1.0010 look for further downside with 0.9990 & 0.9975 as targets...
Pivot (invalidation): 111.50 Our preference Long positions above 111.50 with targets at 111.80 & 112.00 in extension. Alternative scenario Below 111.50 look for further downside with 111.35 & 111.15 as targets...
Pivot (invalidation): 1.3050 Our preference Long positions above 1.3050 with targets at 1.3090 & 1.3110 in extension. Alternative scenario Below 1.3050 look for further downside with 1.3030 & 1.3005 as targets...
Pivot (invalidation): 1.1270 Our preference Long positions above 1.1270 with targets at 1.1300 & 1.1315 in extension. Alternative scenario Below 1.1270 look for further downside with 1.1250 & 1.1235 as targets...
The ECB monetary policy meeting followed by Fed Minutes left investors rather confused as to where both economies are heading...
Pivot (invalidation): 64.15 Our preference Long positions above 64.15 with targets at 64.75 & 65.20 in extension. Alternative scenario Below 64.15 look for further downside with 63.85 & 63.70 as targets...