Jiming Huang / Blog
Pivot (invalidation): 1.3100 Our preference Long positions above 1.3100 with targets at 1.3150 & 1.3195 in extension. Alternative scenario Below 1.3100 look for further downside with 1.3080 & 1.3050 as targets...
Pivot (invalidation): 1.1205 Our preference Long positions above 1.1205 with targets at 1.1230 & 1.1250 in extension. Alternative scenario Below 1.1205 look for further downside with 1.1185 & 1.1175 as targets...
Concerns about global economic health, Brexit stalemate and Sino-American trade tensions continue to generate great demand for the franc despite economic releases pointing towards an economic slowdown...
The week started off on a bad foot in the US, at least from an economic standpoint. February retails came in well below estimate and heightened concerns about a severe economic slowdown...
Pivot (invalidation): 61.10 Our preference Long positions above 61.10 with targets at 62.30 & 62.95 in extension. Alternative scenario Below 61.10 look for further downside with 60.50 & 60.10 as targets...
Pivot (invalidation): 15.2000 Our preference Short positions below 15.2000 with targets at 14.9500 & 14.8800 in extension. Alternative scenario Above 15.2000 look for further upside with 15.2500 & 15.3300 as targets...
Pivot (invalidation): 1293.00 Our preference Short positions below 1293.00 with targets at 1283.00 & 1278.00 in extension. Alternative scenario Above 1293.00 look for further upside with 1297.00 & 1300.00 as targets...
Pivot (invalidation): 2848.50 Our preference Long positions above 2848.50 with targets at 2874.00 & 2891.25 in extension. Alternative scenario Below 2848.50 look for further downside with 2835.50 & 2817.00 as targets...
Pivot (invalidation): 11610.00 Our preference Long positions above 11610.00 with targets at 11709.00 & 11789.00 in extension. Alternative scenario Below 11610.00 look for further downside with 11530.00 & 11470.00 as targets...