Jiming Huang / Blog
Pivot (invalidation): 5.2900 Our preference Long positions above 5.2900 with targets at 5.3170 & 5.3330 in extension. Alternative scenario Below 5.2900 look for further downside with 5.2700 & 5.2550 as targets...
Pivot (invalidation): 0.7135 Our preference Short positions below 0.7135 with targets at 0.7095 & 0.7080 in extension. Alternative scenario Above 0.7135 look for further upside with 0.7160 & 0.7175 as targets...
Pivot (invalidation): 1.3230 Our preference Long positions above 1.3230 with targets at 1.3275 & 1.3295 in extension. Alternative scenario Below 1.3230 look for further downside with 1.3210 & 1.3190 as targets...
Pivot (invalidation): 1.0035 Our preference Long positions above 1.0035 with targets at 1.0060 & 1.0080 in extension. Alternative scenario Below 1.0035 look for further downside with 1.0015 & 1.0005 as targets...
Pivot (invalidation): 110.45 Our preference Long positions above 110.45 with targets at 110.80 & 110.95 in extension. Alternative scenario Below 110.45 look for further downside with 110.35 & 110.25 as targets...
Pivot (invalidation): 1.2940 Our preference Short positions below 1.2940 with targets at 1.2865 & 1.2840 in extension. Alternative scenario Above 1.2940 look for further upside with 1.2960 & 1.2980 as targets...
Pivot (invalidation): 1.1315 Our preference Short positions below 1.1315 with targets at 1.1285 & 1.1260 in extension. Alternative scenario Above 1.1315 look for further upside with 1.1335 & 1.1350 as targets...
This Wednesday should bring news of the US Federal Reserve’s normalization strategy. The Fed’s January meeting dropped its tightening bias. Yet with interest rates on hold for now, investors will watch balance sheet management...
Following mid-2018 talk between US President Donald Trump and European Commission President Jean-Claude Juncker that avoided duties on EU car imports to the US, the story now resumes...