Jiming Huang / Blog
Pivot (invalidation): 0.7120 Our preference Short positions below 0.7120 with targets at 0.7100 & 0.7080 in extension. Alternative scenario Above 0.7120 look for further upside with 0.7130 & 0.7145 as targets...
Pivot (invalidation): 1.3335 Our preference Short positions below 1.3335 with targets at 1.3295 & 1.3270 in extension. Alternative scenario Above 1.3335 look for further upside with 1.3370 & 1.3400 as targets...
Pivot (invalidation): 0.9965 Our preference Long positions above 0.9965 with targets at 1.0005 & 1.0025 in extension. Alternative scenario Below 0.9965 look for further downside with 0.9950 & 0.9930 as targets...
Pivot (invalidation): 111.15 Our preference Long positions above 111.15 with targets at 111.55 & 111.75 in extension. Alternative scenario Below 111.15 look for further downside with 110.85 & 110.60 as targets...
Pivot (invalidation): 1.3115 Our preference Short positions below 1.3115 with targets at 1.3025 & 1.2990 in extension. Alternative scenario Above 1.3115 look for further upside with 1.3150 & 1.3195 as targets...
Pivot (invalidation): 1.1225 Our preference Short positions below 1.1225 with targets at 1.1195 & 1.1175 in extension. Alternative scenario Above 1.1225 look for further upside with 1.1245 & 1.1260 as targets...
The Italian crisis saga is not over. The economy has consistently grown at a slower pace than the euro zone due to structural inefficiencies while heavy pressures induced by the European Commission with regard to the budget deficit target is expected to resume in 2H 2019...
1st April and the UK remains part of the EU. I guess the joke is on us. However, the sterling is no longer getting the “kick the can” bounce...
Pivot (invalidation): 60.05 Our preference Long positions above 60.05 with targets at 60.70 & 61.25 in extension. Alternative scenario Below 60.05 look for further downside with 59.75 & 59.40 as targets...