Jiming Huang / Blog
Australia’s central bank’s (RBA) first policy meeting of the year is not opening in the best conditions. Unpleasant news from both home and foreign markets are weighing on the economy while optimism on growth is fading. Despite repeated intentions to raise its cash rate (currently at 1...
The Eurozone is walking a tightrope. Q4 2018 data suggests the European economy is growing slowly amid softer Chinese demand, Sino-American discord and a Brexit stalemate. After a 2018 yearly GDP gain of 1.20%, a 5-year low, inflation appears to have picked up...
Pivot (invalidation): 54.40 Our preference Long positions above 54.40 with targets at 56.10 & 56.75 in extension. Alternative scenario Below 54.40 look for further downside with 53.90 & 53.30 as targets...
Pivot (invalidation): 15.9700 Our preference Short positions below 15.9700 with targets at 15.6800 & 15.5800 in extension. Alternative scenario Above 15.9700 look for further upside with 16.0700 & 16.1800 as targets...
Pivot (invalidation): 1319.50 Our preference Short positions below 1319.50 with targets at 1309.00 & 1305.50 in extension. Alternative scenario Above 1319.50 look for further upside with 1323.50 & 1326.00 as targets...
s Pivot (invalidation): 2675.50 Our preference Long positions above 2675.50 with targets at 2727.25 & 2753.00 in extension. Alternative scenario...
Pivot (invalidation): 11100.00 Our preference Long positions above 11100.00 with targets at 11260.00 & 11320.00 in extension. Alternative scenario Below 11100.00 look for further downside with 11050.00 & 11000.00 as targets...
Pivot (invalidation): 5.2000 Our preference Long positions above 5.2000 with targets at 5.2420 & 5.2730 in extension. Alternative scenario Below 5.2000 look for further downside with 5.1800 & 5.1570 as targets...
Pivot (invalidation): 0.7265 Our preference Short positions below 0.7265 with targets at 0.7205 & 0.7180 in extension. Alternative scenario Above 0.7265 look for further upside with 0.7295 & 0.7325 as targets...