Jiming Huang / Blog
Pivot (invalidation): 1.1405 Our preference Short positions below 1.1405 with targets at 1.1365 & 1.1350 in extension. Alternative scenario Above 1.1405 look for further upside with 1.1420 & 1.1440 as targets...
Facing the hardest contraction in four years during the third quarter of 2018, the Japanese economy is facing difficulties amid a weakening business outlook. Recently, the Japanese cabinet has been revising its growth forecast for the economy to the downside for 2018 and 2019 to 0.90% and 1...
Here we are, the last FOMC meeting of the year. According to the latest Bloomberg survey, the Federal Reserve is expected to lift short-term interest rates by another 25bps - which would bring the target band up to 2.25%-2.50% - to the highest level since March 2008...
Pivot (invalidation): 47.60 Our preference Short positions below 47.60 with targets at 44.60 & 43.85 in extension. Alternative scenario Above 47.60 look for further upside with 48.30 & 49.30 as targets...
.Pivot (invalidation): 14.5800 Our preference Long positions above 14.5800 with targets at 14.7500 & 14.8000 in extension. Alternative scenario Below 14.5800 look for further downside with 14.5200 & 14.4700 as targets...
Pivot (invalidation): 1246.00 Our preference Long positions above 1246.00 with targets at 1256.00 & 1258.50 in extension. Alternative scenario Below 1246.00 look for further downside with 1242.50 & 1240.00 as targets...
Pivot (invalidation): 2575.00 Our preference Short positions below 2575.00 with targets at 2528.00 & 2502.00 in extension. Alternative scenario Above 2575.00 look for further upside with 2588.50 & 2608.00 as targets...
Pivot (invalidation): 10840.00 Our preference Short positions below 10840.00 with targets at 10685.00 & 10620.00 in extension. Alternative scenario Above 10840.00 look for further upside with 10910.00 & 11000.00 as targets...
Pivot (invalidation): 5.3560 Our preference Short positions below 5.3560 with targets at 5.3210 & 5.3000 in extension. Alternative scenario Above 5.3560 look for further upside with 5.3780 & 5.3940 as targets...