Jiming Huang / Blog
Pivot (invalidation): 113.30 Our preference Long positions above 113.30 with targets at 113.70 & 113.90 in extension. Alternative scenario Below 113.30 look for further downside with 113.15 & 113.00 as targets...
Pivot (invalidation): 1.2560 Our preference Long positions above 1.2560 with targets at 1.2605 & 1.2635 in extension. Alternative scenario Below 1.2560 look for further downside with 1.2530 & 1.2515 as targets...
Pivot (invalidation): 1.1290 Our preference Long positions above 1.1290 with targets at 1.1320 & 1.1340 in extension. Alternative scenario Below 1.1290 look for further downside with 1.1270 & 1.1250 as targets...
The Australian and New Zealand dollar plunged on heavy selling pressures amid disappointing economic data from China. The Aussie fell almost 1% to 0.7160 against the greenback, the lowest level since early November, while the Kiwie gave up more 1.10% as it reached $0.6780...
Japan’s Q3 GDP fell 2.50%, its hardest contraction since June 2014. A sharp drop in October’s current account balance supported the gloomy picture. The Bank of Japan’s Q4 Tankan data confirms that business is heading downward...
Pivot (invalidation): 51.75 Our preference Long positions above 51.75 with targets at 52.90 & 53.25 in extension. Alternative scenario Below 51.75 look for further downside with 51.00 & 50.35 as targets...
Pivot (invalidation): 14.7700 Our preference Short positions below 14.7700 with targets at 14.6200 & 14.5600 in extension. Alternative scenario Above 14.7700 look for further upside with 14.8000 & 14.8500 as targets...
Pivot (invalidation): 1244.00 Our preference Short positions below 1244.00 with targets at 1239.00 & 1236.00 in extension. Alternative scenario Above 1244.00 look for further upside with 1245.50 & 1247.00 as targets...
Pivot (invalidation): 2685.00 Our preference Short positions below 2685.00 with targets at 2623.00 & 2582.00 in extension. Alternative scenario Above 2685.00 look for further upside with 2708.00 & 2735.00 as targets...