Jiming Huang / Blog
Pivot (invalidation): 11880.00 Our preference Long positions above 11880.00 with targets at 11990.00 & 12040.00 in extension. Alternative scenario Below 11880.00 look for further downside with 11780.00 & 11700.00 as targets...
Pivot (invalidation): 5.5990 Our preference Long positions above 5.5990 with targets at 5.6500 & 5.6800 in extension. Alternative scenario Below 5.5990 look for further downside with 5.5720 & 5.5270 as targets...
Pivot (invalidation): 0.7110 Our preference Long positions above 0.7110 with targets at 0.7130 & 0.7145 in extension. Alternative scenario Below 0.7110 look for further downside with 0.7090 & 0.7070 as targets...
Pivot (invalidation): 1.3320 Our preference Long positions above 1.3320 with targets at 1.3370 & 1.3395 in extension. Alternative scenario Below 1.3320 look for further downside with 1.3295 & 1.3270 as targets...
Pivot (invalidation): 0.9985 Our preference Short positions below 0.9985 with targets at 0.9960 & 0.9950 in extension. Alternative scenario Above 0.9985 look for further upside with 1.0000 & 1.0010 as targets...
Pivot (invalidation): 111.25 Our preference Long positions above 111.25 with targets at 111.60 & 111.75 in extension. Alternative scenario Below 111.25 look for further downside with 111.00 & 110.85 as targets...
Pivot (invalidation): 1.3140 Our preference Long positions above 1.3140 with targets at 1.3195 & 1.3245 in extension. Alternative scenario Below 1.3140 look for further downside with 1.3120 & 1.3100 as targets...
Pivot (invalidation): 1.1225 Our preference Long positions above 1.1225 with targets at 1.1255 & 1.1270 in extension. Alternative scenario Below 1.1225 look for further downside with 1.1210 & 1.1195 as targets...
The Australian dollar is changing course of action as Chinese Vice Premier Liu He and his delegation is resuming trade talks in Washington in order to agree on an enforcement mechanism. Sticking points remain on topics such as intellectual property and trade surplus reduction...