Jiming Huang / Blog
Pivot (invalidation): 0.9980 Our preference Long positions above 0.9980 with targets at 1.0010 & 1.0025 in extension. Alternative scenario Below 0.9980 look for further downside with 0.9965 & 0.9950 as targets...
Pivot (invalidation): 110.95 Our preference Short positions below 110.95 with targets at 110.70 & 110.55 in extension. Alternative scenario Above 110.95 look for further upside with 111.10 & 111.25 as targets...
Pivot (invalidation): 1.3090 Our preference Long positions above 1.3090 with targets at 1.3160 & 1.3200 in extension. Alternative scenario Below 1.3090 look for further downside with 1.3050 & 1.3020 as targets...
Pivot (invalidation): 1.1340 Our preference Long positions above 1.1340 with targets at 1.1385 & 1.1400 in extension. Alternative scenario Below 1.1340 look for further downside with 1.1325 & 1.1310 as targets...
After six days of intensive trade discussions that extended over the weekend, the US and China appear to have made significant progress. President Donald Trump has announced that the US will delay imposing further trade tariffs on Chinese goods...
Global manufacturing and trade continue to show signs of weakness. Last week's Japanese balance of trade in goods for January showed a deficit, versus expectations for a surplus. The fall was caused by a sharp decline in nominal exports. Those to China dropped 17...
Pivot (invalidation): 57.00 Our preference Long positions above 57.00 with targets at 57.50 & 57.75 in extension. Alternative scenario Below 57.00 look for further downside with 56.65 & 56.40 as targets...
Pivot (invalidation): 15.8800 Our preference Long positions above 15.8800 with targets at 16.0400 & 16.1000 in extension. Alternative scenario Below 15.8800 look for further downside with 15.8200 & 15.7600 as targets...
Pivot (invalidation): 1327.00 Our preference Long positions above 1327.00 with targets at 1336.00 & 1340.00 in extension. Alternative scenario Below 1327.00 look for further downside with 1324.00 & 1321.00 as targets...