Jiming Huang / Blog
Pivot (invalidation): 1.2930 Our preference Short positions below 1.2930 with targets at 1.2860 & 1.2820 in extension. Alternative scenario Above 1.2930 look for further upside with 1.2970 & 1.3005 as targets...
Pivot (invalidation): 1.1425 Our preference Short positions below 1.1425 with targets at 1.1380 & 1.1360 in extension. Alternative scenario Above 1.1425 look for further upside with 1.1450 & 1.1475 as targets...
Most currency pairs continued to consolidate on Wednesday as investors already started to shift attention towards the upcoming ECB meeting...
Pivot (invalidation): 67.20 Our preference Short positions below 67.20 with targets at 65.70 & 65.05 in extension. Alternative scenario Above 67.20 look for further upside with 67.90 & 68.50 as targets...
Pivot (invalidation): 14.7000 Our preference Long positions above 14.7000 with targets at 14.8400 & 14.9100 in extension. Alternative scenario Below 14.7000 look for further downside with 14.6500 & 14.5900 as targets...
Pivot (invalidation): 1229.00 Our preference Long positions above 1229.00 with targets at 1236.50 & 1240.00 in extension. Alternative scenario Below 1229.00 look for further downside with 1225.00 & 1220.00 as targets...
Pivot (invalidation): 2721.25 Our preference Long positions above 2721.25 with targets at 2775.00 & 2817.25 in extension. Alternative scenario Below 2721.25 look for further downside with 2690.00 & 2675.50 as targets...
Pivot (invalidation): 11350.00 Our preference Short positions below 11350.00 with targets at 11200.00 & 11070.00 in extension. Alternative scenario Above 11350.00 look for further upside with 11520.00 & 11600.00 as targets...