Jiming Huang / Blog
Pivot (invalidation): 0.7105 Our preference Long positions above 0.7105 with targets at 0.7140 & 0.7160 in extension. Alternative scenario Below 0.7105 look for further downside with 0.7090 & 0.7070 as targets...
Pivot (invalidation): 1.3235 Our preference Short positions below 1.3235 with targets at 1.3170 & 1.3150 in extension. Alternative scenario Above 1.3235 look for further upside with 1.3255 & 1.3275 as targets...
Pivot (invalidation): 1.0050 Our preference Long positions above 1.0050 with targets at 1.0075 & 1.0090 in extension. Alternative scenario Below 1.0050 look for further downside with 1.0030 & 1.0010 as targets...
Pivot (invalidation): 110.45 Our preference Long positions above 110.45 with targets at 110.85 & 111.00 in extension. Alternative scenario Below 110.45 look for further downside with 110.30 & 110.15 as targets...
Pivot (invalidation): 1.2880 Our preference Long positions above 1.2880 with targets at 1.2925 & 1.2940 in extension. Alternative scenario Below 1.2880 look for further downside with 1.2860 & 1.2840 as targets...
Pivot (invalidation): 1.1315 Our preference Long positions above 1.1315 with targets at 1.1350 & 1.1370 in extension. Alternative scenario Below 1.1315 look for further downside with 1.1300 & 1.1285 as targets...
Brexit is going down to the wire. We are hurtling towards 29 March with scant evidence the EU-UK are closer to resolution. Political brinkmanship has damaged GBP (although Euro has not performed well either), with traders selling upticks and buying low volatility...
Pivot (invalidation): 52.20 Our preference Long positions above 52.20 with targets at 53.40 & 53.90 in extension. Alternative scenario Below 52.20 look for further downside with 51.70 & 51.30 as targets...