Jiming Huang / Blog

Pivot (invalidation): 11390.00 Our preference Long positions above 11390.00 with targets at 11505.00 & 11560.00 in extension. Alternative scenario Below 11390.00 look for further downside with 11310.00 & 11238.00 as targets...

Pivot (invalidation): 5.3300 Our preference Short positions below 5.3300 with targets at 5.3030 & 5.2890 in extension. Alternative scenario Above 5.3300 look for further upside with 5.3410 & 5.3520 as targets...

Pivot (invalidation): 0.7120 Our preference Long positions above 0.7120 with targets at 0.7160 & 0.7180 in extension. Alternative scenario Below 0.7120 look for further downside with 0.7095 & 0.7070 as targets...

Pivot (invalidation): 1.3170 Our preference Short positions below 1.3170 with targets at 1.3120 & 1.3085 in extension. Alternative scenario Above 1.3170 look for further upside with 1.3200 & 1.3225 as targets...

Pivot (invalidation): 1.0005 Our preference Short positions below 1.0005 with targets at 0.9980 & 0.9960 in extension. Alternative scenario Above 1.0005 look for further upside with 1.0020 & 1.0035 as targets...

Pivot (invalidation): 110.75 Our preference Short positions below 110.75 with targets at 110.55 & 110.40 in extension. Alternative scenario Above 110.75 look for further upside with 110.90 & 111.10 as targets...

Pivot (invalidation): 1.3030 Our preference Long positions above 1.3030 with targets at 1.3095 & 1.3125 in extension. Alternative scenario Below 1.3030 look for further downside with 1.3000 & 1.2965 as targets...

Pivot (invalidation): 1.1320 Our preference Long positions above 1.1320 with targets at 1.1355 & 1.1370 in extension. Alternative scenario Below 1.1320 look for further downside with 1.1300 & 1.1280 as targets...

The European economy still faces weakening dynamics...

Last week’s main event was the publication of January’s FOMC meeting minutes. Even though the release was anxiously awaited, investors’ reaction was quite muted...