Jiming Huang / Blog
As a vote on the EU Withdrawal Agreement nears, Prime Minister May’s proposal looks likely to lose. Despite her efforts to wring concessions from Brussels, Members of Parliament are overwhelmingly against her Brexit option...
US-Chinese trade talks ended and optimism about the outcome sent the Chinese yuan higher and the US dollar lower yesterday afternoon...
Pivot (invalidation): 52.10 Our preference Short positions below 52.10 with targets at 50.20 & 49.50 in extension. Alternative scenario Above 52.10 look for further upside with 52.90 & 53.35 as targets...
Pivot (invalidation): 15.6500 Our preference Short positions below 15.6500 with targets at 15.5200 & 15.4500 in extension. Alternative scenario Above 15.6500 look for further upside with 15.7200 & 15.7800 as targets...
Pivot (invalidation): 1293.00 Our preference Short positions below 1293.00 with targets at 1288.50 & 1286.00 in extension. Alternative scenario Above 1293.00 look for further upside with 1295.00 & 1297.00 as targets...
Pivot (invalidation): 2545.00 Our preference Long positions above 2545.00 with targets at 2636.00 & 2685.00 in extension. Alternative scenario Below 2545.00 look for further downside with 2520.00 & 2473.00 as targets...
Pivot (invalidation): 10960.00 Our preference Short positions below 10960.00 with targets at 10825.00 & 10784.00 in extension. Alternative scenario Above 10960.00 look for further upside with 11015.00 & 11070.00 as targets...
Pivot (invalidation): 5.4500 Our preference Long positions above 5.4500 with targets at 5.5080 & 5.5450 in extension. Alternative scenario Below 5.4500 look for further downside with 5.4250 & 5.3950 as targets...
Pivot (invalidation): 108.35 Our preference Short positions below 108.35 with targets at 108.00 & 107.75 in extension. Alternative scenario Above 108.35 look for further upside with 108.60 & 108.80 as targets...