Jiming Huang / Blog
Pivot (invalidation): 1.3100 Our preference Long positions above 1.3100 with targets at 1.3145 & 1.3160 in extension. Alternative scenario Below 1.3100 look for further downside with 1.3080 & 1.3060 as targets...
Pivot (invalidation): 1.0035 Our preference Long positions above 1.0035 with targets at 1.0060 & 1.0080 in extension. Alternative scenario Below 1.0035 look for further downside with 1.0005 & 0.9985 as targets...
Pivot (invalidation): 112.90 Our preference Long positions above 112.90 with targets at 113.40 & 113.70 in extension. Alternative scenario Below 112.90 look for further downside with 112.65 & 112.40 as targets...
Pivot (invalidation): 112.90 Our preference Long positions above 112.90 with targets at 113.40 & 113.70 in extension. Alternative scenario Below 112.90 look for further downside with 112.65 & 112.40 as targets...
Pivot (invalidation): 1.2755 Our preference Short positions below 1.2755 with targets at 1.2660 & 1.2610 in extension. Alternative scenario Above 1.2755 look for further upside with 1.2810 & 1.2850 as targets...
Pivot (invalidation): 1.1365 Our preference Short positions below 1.1365 with targets at 1.1335 & 1.1300 in extension. Alternative scenario Above 1.1365 look for further upside with 1.1385 & 1.1415 as targets...
Yesterday’s UK budget presentation by Chancellor of the Exchequer Philip Hammond took some steam out of sterling. His spending deficit of GBP 15 billion amounts to 1.40% of GDP in 2019, with boosts in healthcare, housing and fuel...
CNY fell to its lowest level against the USD since 2008, reaching 6.9641 on news that America is preparing new tariffs on all remaining Chinese imports, if talks on 30 November between US President Trump and China’s President Xi Jinping fail...
Pivot (invalidation): 67.35 Our preference Short positions below 67.35 with targets at 66.70 & 66.30 in extension. Alternative scenario Above 67.35 look for further upside with 67.60 & 67.95 as targets...