Jiming Huang / Blog
Pivot (invalidation): 1.1365 Our preference Long positions above 1.1365 with targets at 1.1400 & 1.1415 in extension. Alternative scenario Below 1.1365 look for further downside with 1.1345 & 1.1325 as targets...
GBP appreciated against G10 currencies and by 0.70% against both the greenback and EUR, with the pound highest against the single currency since May 2017. Currently trading at 1.3172, GBP/USD is heading along 1.32 short-term...
Pivot (invalidation): 55.90 Our preference Short positions below 55.90 with targets at 54.75 & 54.20 in extension. Alternative scenario Above 55.90 look for further upside with 56.35 & 57.00 as targets...
Pivot (invalidation): 16.0000 Our preference Short positions below 16.0000 with targets at 15.8200 & 15.7600 in extension. Alternative scenario Above 16.0000 look for further upside with 16.0500 & 16.1000 as targets...
Pivot (invalidation): 1333.00 Our preference Short positions below 1333.00 with targets at 1326.00 & 1322.50 in extension. Alternative scenario Above 1333.00 look for further upside with 1336.00 & 1340.00 as targets...
Pivot (invalidation): 2815.00 Our preference Short positions below 2815.00 with targets at 2777.00 & 2763.00 in extension. Alternative scenario Above 2815.00 look for further upside with 2831.00 & 2844.00 as targets...
Pivot (invalidation): 11440.00 Our preference Long positions above 11440.00 with targets at 11560.00 & 11617.00 in extension. Alternative scenario Below 11440.00 look for further downside with 11370.00 & 11310.00 as targets...
Pivot (invalidation): 5.2910 Our preference Long positions above 5.2910 with targets at 5.3210 & 5.3300 in extension. Alternative scenario Below 5.2910 look for further downside with 5.2820 & 5.2730 as targets...
Pivot (invalidation): 0.7140 Our preference Long positions above 0.7140 with targets at 0.7185 & 0.7205 in extension. Alternative scenario Below 0.7140 look for further downside with 0.7120 & 0.7100 as targets...