Jiming Huang / Blog
Pivot (invalidation): 5.2820 Our preference Short positions below 5.2820 with targets at 5.2400 & 5.2180 in extension. Alternative scenario Above 5.2820 look for further upside with 5.3210 & 5.3560 as targets...
Pivot (invalidation): 0.7130 Our preference Short positions below 0.7130 with targets at 0.7100 & 0.7085 in extension. Alternative scenario Above 0.7130 look for further upside with 0.7150 & 0.7170 as targets...
Pivot (invalidation): 1.3475 Our preference Long positions above 1.3475 with targets at 1.3530 & 1.3570 in extension. Alternative scenario Below 1.3475 look for further downside with 1.3445 & 1.3410 as targets...
Pivot (invalidation): 0.9895 Our preference Short positions below 0.9895 with targets at 0.9840 & 0.9825 in extension. Alternative scenario Above 0.9895 look for further upside with 0.9920 & 0.9940 as targets...
Pivot (invalidation): 111.05 Our preference Long positions above 111.05 with targets at 111.75 & 112.15 in extension. Alternative scenario Below 111.05 look for further downside with 110.75 & 110.35 as targets...
Pivot (invalidation): 1.2670 Our preference Short positions below 1.2670 with targets at 1.2625 & 1.2605 in extension. Alternative scenario Above 1.2670 look for further upside with 1.2690 & 1.2710 as targets...
Pivot (invalidation): 1.1430 Our preference Long positions above 1.1430 with targets at 1.1485 & 1.1520 in extension. Alternative scenario Below 1.1430 look for further downside with 1.1400 & 1.1375 as targets...
The Bank of England has no choice today but to maintain its monetary policy rate, unchanged since August 2018. Following the vote of no confidence from last Tuesday and convincing talks with the EU relating to the Irish backstop, the BoE will not move...
The US Federal Reserve Bank yesterday lifted interest rates for the fourth time this year, but Chairman Jerome Powell suggested the pace of increase could slow down significantly in 2019...