Jiming Huang / Blog
Pivot (invalidation): 1.2760 Our preference Short positions below 1.2760 with targets at 1.2705 & 1.2670 in extension. Alternative scenario Above 1.2760 look for further upside with 1.2800 & 1.2840 as targets...
Pivot (invalidation): 1.1360 Our preference Short positions below 1.1360 with targets at 1.1330 & 1.1310 in extension. Alternative scenario Above 1.1360 look for further upside with 1.1380 & 1.1410 as targets...
Ahead of next Tuesday’s vote on Brexit, we expect the British pound to remain under pressure and highly sensitive to headlines. Short-term, we expect EUR/GBP, currently trading at 0.8906, to head along 0.8889. Parliamentary debate has intensified. Support for Prime Minister May is weakening...
Asian equities tumbled, partially erasing gains from Monday’s euphoria over what seemed to be a trade truce between China and the USA. Hardest hit is the Hong Kong Hang Seng index, -1.62%, while Australian ASX 200 and South Korean Kospi declined by 0.78% and 0.62...
Pivot (invalidation): 53.35 Our preference Short positions below 53.35 with targets at 51.60 & 50.75 in extension. Alternative scenario Above 53.35 look for further upside with 54.55 & 55.50 as targets...
Pivot (invalidation): 14.5400 Our preference Short positions below 14.5400 with targets at 14.3400 & 14.2700 in extension. Alternative scenario Above 14.5400 look for further upside with 14.6500 & 14.7200 as targets...
Pivot (invalidation): 1239.50 Our preference Short positions below 1239.50 with targets at 1232.00 & 1228.00 in extension. Alternative scenario Above 1239.50 look for further upside with 1242.00 & 1244.50 as targets...
Pivot (invalidation): 2732.00 Our preference Short positions below 2732.00 with targets at 2680.00 & 2650.00 in extension. Alternative scenario Above 2732.00 look for further upside with 2754.00 & 2795.00 as targets...
Pivot (invalidation): 11255.00 Our preference Long positions above 11255.00 with targets at 11465.00 & 11530.00 in extension. Alternative scenario Below 11255.00 look for further downside with 11190.00 & 11091.00 as targets...