Jiming Huang / Blog
Pivot (invalidation): 1.3340 Our preference Long positions above 1.3340 with targets at 1.3370 & 1.3395 in extension. Alternative scenario Below 1.3340 look for further downside with 1.3315 & 1.3295 as targets...
Pivot (invalidation): 0.9985 Our preference Long positions above 0.9985 with targets at 1.0010 & 1.0030 in extension. Alternative scenario Below 0.9985 look for further downside with 0.9970 & 0.9950 as targets...
Pivot (invalidation): 111.50 Our preference Long positions above 111.50 with targets at 111.90 & 112.00 in extension. Alternative scenario Below 111.50 look for further downside with 111.30 & 111.15 as targets...
Pivot (invalidation): 1.3115 Our preference Short positions below 1.3115 with targets at 1.3060 & 1.3025 in extension. Alternative scenario Above 1.3115 look for further upside with 1.3150 & 1.3190 as targets...
Pivot (invalidation): 1.1230 Our preference Short positions below 1.1230 with targets at 1.1205 & 1.1195 in extension. Alternative scenario Above 1.1230 look for further upside with 1.1245 & 1.1255 as targets...
Financial markets are rather quiet this morning. The FX market remains under the influence of both Sino-American trade talks and Brexit while the drop in German February manufacturing orders has also a significant impact on the European stock market...
Pivot (invalidation): 62.70 Our preference Short positions below 62.70 with targets at 62.05 & 61.60 in extension. Alternative scenario Above 62.70 look for further upside with 63.00 & 63.35 as targets...
Pivot (invalidation): 15.1900 Our preference Short positions below 15.1900 with targets at 15.0200 & 14.9400 in extension. Alternative scenario Above 15.1900 look for further upside with 15.2500 & 15.3300 as targets...
Pivot (invalidation): 1294.50 Our preference Short positions below 1294.50 with targets at 1288.00 & 1285.00 in extension. Alternative scenario Above 1294.50 look for further upside with 1297.00 & 1300.00 as targets...