Jiming Huang / Blog
Pivot (invalidation): 111.75 Our preference Short positions below 111.75 with targets at 111.45 & 111.25 in extension. Alternative scenario Above 111.75 look for further upside with 111.90 & 112.00 as targets...
Pivot (invalidation): 1.3310 Our preference Short positions below 1.3310 with targets at 1.3200 & 1.3145 in extension. Alternative scenario Above 1.3310 look for further upside with 1.3380 & 1.3415 as targets...
Pivot (invalidation): 1.1295 Our preference Long positions above 1.1295 with targets at 1.1340 & 1.1360 in extension. Alternative scenario Below 1.1295 look for further downside with 1.1275 & 1.1250 as targets...
The Chinese economy continues to suffer under US tariffs and slower domestic demand, despite efforts by policy makers to provide economic stimulus. Factory output rose 5.3% annually but declined 0.4% from December. This is the weakest reading since 1995...
Currently trading at 0.85370, EUR/GBP is valued at a 22-month low, heading along 0.85510 short-term. Parliament is expected to start another Brexit vote at 17:00 GMT. The battle between to impose a negotiated Withdrawal Agreement continues...
Pivot (invalidation): 57.50 Our preference Long positions above 57.50 with targets at 58.70 & 59.40 in extension. Alternative scenario Below 57.50 look for further downside with 57.05 & 56.75 as targets...
Pivot (invalidation): 15.4900 Our preference Short positions below 15.4900 with targets at 15.3400 & 15.2800 in extension. Alternative scenario Above 15.4900 look for further upside with 15.5400 & 15.6200 as targets...
Pivot (invalidation): 1308.50 Our preference Short positions below 1308.50 with targets at 1303.50 & 1300.50 in extension. Alternative scenario Above 1308.50 look for further upside with 1311.50 & 1315.00 as targets...
Pivot (invalidation): 2798.00 Our preference Long positions above 2798.00 with targets at 2821.00 & 2840.00 in extension. Alternative scenario Below 2798.00 look for further downside with 2784.00 & 2770.00 as targets...