Jiming Huang / Blog
Pivot (invalidation): 1.2960 Our preference Short positions below 1.2960 with targets at 1.2890 & 1.2855 in extension. Alternative scenario Above 1.2960 look for further upside with 1.2980 & 1.3000 as targets...
Pivot (invalidation): 1.1380 Our preference Short positions below 1.1380 with targets at 1.1340 & 1.1315 in extension. Alternative scenario Above 1.1380 look for further upside with 1.1400 & 1.1420 as targets...
Inflation outlook cuts by the Bank of Japan for 2019 don’t seem to bother investors, who are favouring JPY as a safe haven currency, after US President Trump’s State of the Union address that didn’t provide any news on trade talks with China...
After rising as much as 1% yesterday, the Australian dollar tumbled to 0.7125 against the greenback on Wednesday morning after an unexpected dovish switch from the central bank...
Pivot (invalidation): 54.40 Our preference Short positions below 54.40 with targets at 53.30 & 52.50 in extension. Alternative scenario Above 54.40 look for further upside with 55.20 & 55.75 as targets...
Pivot (invalidation): 15.7700 Our preference Long positions above 15.7700 with targets at 15.9300 & 15.9700 in extension. Alternative scenario Below 15.7700 look for further downside with 15.7400 & 15.6600 as targets...
Pivot (invalidation): 1311.00 Our preference Long positions above 1311.00 with targets at 1317.00 & 1319.50 in extension. Alternative scenario Below 1311.00 look for further downside with 1308.50 & 1305.50 as targets...
Pivot (invalidation): 2714.75 Our preference Long positions above 2714.75 with targets at 2753.00 & 2774.25 in extension. Alternative scenario Below 2714.75 look for further downside with 2697.75 & 2675.50 as targets...
Pivot (invalidation): 11290.00 Our preference Long positions above 11290.00 with targets at 11430.00 & 11480.00 in extension. Alternative scenario Below 11290.00 look for further downside with 11206.00 & 11148.00 as targets...