Jiming Huang / Blog
Pivot (invalidation): 1.3345 Our preference Short positions below 1.3345 with targets at 1.3315 & 1.3300 in extension. Alternative scenario Above 1.3345 look for further upside with 1.3370 & 1.3390 as targets...
Pivot (invalidation): 1.0025 Our preference Short positions below 1.0025 with targets at 0.9990 & 0.9970 in extension. Alternative scenario Above 1.0025 look for further upside with 1.0050 & 1.0065 as targets...
Pivot (invalidation): 111.45 Our preference Short positions below 111.45 with targets at 111.00 & 110.85 in extension. Alternative scenario Above 111.45 look for further upside with 111.60 & 111.75 as targets...
Pivot (invalidation): 1.3240 Our preference Long positions above 1.3240 with targets at 1.3300 & 1.3330 in extension. Alternative scenario Below 1.3240 look for further downside with 1.3210 & 1.3180 as targets...
Pivot (invalidation): 1.1325 Our preference Long positions above 1.1325 with targets at 1.1360 & 1.1380 in extension. Alternative scenario Below 1.1325 look for further downside with 1.1310 & 1.1295 as targets...
Since March 8th, the greenback has been trading in one direction: downward. The dollar index, which tracks the performance of the US dollar against a basket of its peers, has lost more 1.30% in the days following the ECB meeting – and Draghi’s infamous dovish speech...
Tomorrow Tuesday European Union ministers of European affairs will meet to discuss extending Brexit’s deadline beyond 29 March. Meanwhile, the UK government will for the third time try to pass its ‘deal’ through Parliament. If it passes, the government will ask for an extension to 30 June...
Pivot (invalidation): 58.65 Our preference Short positions below 58.65 with targets at 58.15 & 57.80 in extension. Alternative scenario Above 58.65 look for further upside with 58.95 & 59.20 as targets...
Pivot (invalidation): 15.3800 Our preference Short positions below 15.3800 with targets at 15.2000 & 15.1000 in extension. Alternative scenario Above 15.3800 look for further upside with 15.4400 & 15.5300 as targets...