Jiming Huang / Blog
Pivot (invalidation): 0.7125 Our preference Long positions above 0.7125 with targets at 0.7150 & 0.7165 in extension. Alternative scenario Below 0.7125 look for further downside with 0.7115 & 0.7100 as targets...
Pivot (invalidation): 1.2930 Our preference Long positions above 1.2930 with targets at 1.2975 & 1.3000 in extension. Alternative scenario Below 1.2930 look for further downside with 1.2910 & 1.2895 as targets...
Pivot (invalidation): 0.9890 Our preference Long positions above 0.9890 with targets at 0.9930 & 0.9955 in extension. Alternative scenario Below 0.9890 look for further downside with 0.9865 & 0.9845 as targets...
Pivot (invalidation): 112.15 Our preference Long positions above 112.15 with targets at 112.50 & 112.75 in extension. Alternative scenario Below 112.15 look for further downside with 111.95 & 111.70 as targets...
Pivot (invalidation): 1.3195 Our preference Short positions below 1.3195 with targets at 1.3160 & 1.3140 in extension. Alternative scenario Above 1.3195 look for further upside with 1.3225 & 1.3255 as targets...
Pivot (invalidation): 1.1580 Our preference Short positions below 1.1580 with targets at 1.1540 & 1.1515 in extension. Alternative scenario Above 1.1580 look for further upside with 1.1595 & 1.1610 as targets...
Even after raising interest rates during its MPC (Monetary Policy Committee) on 13 September, the CBRT (Central Bank of Turkey) failed to convince market participants sufficiently. Key issues relating to spreading inflation, shown by the September CPI (Consumer Price Index) at 24...
World equities idled on the first trading of the week as investors continued to have mixed feelings. Half of Europe's markets ended wearing green, while the other half headed lower. In the US, only the Russell 2000 – a small-cap stock index – was able to keep its head above water as it rose 0.41...
Pivot (invalidation): 71.30 Our preference Long positions above 71.30 with targets at 72.70 & 73.20 in extension. Alternative scenario Below 71.30 look for further downside with 70.85 & 70.50 as targets...