Jiming Huang / Blog
Pivot (invalidation): 1.3145 Our preference Long positions above 1.3145 with targets at 1.3210 & 1.3230 in extension. Alternative scenario Below 1.3145 look for further downside with 1.3125 & 1.3100 as targets...
Pivot (invalidation): 1.0040 Our preference Long positions above 1.0040 with targets at 1.0095 & 1.0120 in extension. Alternative scenario Below 1.0040 look for further downside with 1.0010 & 0.9985 as targets...
Pivot (invalidation): 113.75 Our preference Long positions above 113.75 with targets at 114.10 & 114.40 in extension. Alternative scenario Below 113.75 look for further downside with 113.50 & 113.20 as targets...
Pivot (invalidation): 1.3080 Our preference Short positions below 1.3080 with targets at 1.3040 & 1.3010 in extension. Alternative scenario Above 1.3080 look for further upside with 1.3115 & 1.3150 as targets...
Pivot (invalidation): 1.1390 Our preference Short positions below 1.1390 with targets at 1.1330 & 1.1300 in extension. Alternative scenario Above 1.1390 look for further upside with 1.1420 & 1.1445 as targets...
USD/CNY is trading at 6.9475, bouncing back due to resurgent optimism that the China-US trade war might be resolved in late November and on stable Chinese inflation rates. October inflation came in 2.50% (prior: 2...
Whither the dollar? Dips are recurring in EUR/USD: these are opportunities to reload long positions. Trader are unlikely to hold risky trades over this weekend, although we anticipate a strong USD close today. Positive sentiment from midterm elections has worn-off...
Pivot (invalidation): 62.10 Our preference Short positions below 62.10 with targets at 61.20 & 60.75 in extension. Alternative scenario Above 62.10 look for further upside with 62.50 & 63.20 as targets...
Pivot (invalidation): 14.6500 Our preference Short positions below 14.6500 with targets at 14.4600 & 14.3700 in extension. Alternative scenario Above 14.6500 look for further upside with 14.7100 & 14.8000 as targets...