Jiming Huang / Blog
Pivot (invalidation): 0.9895 Our preference Long positions above 0.9895 with targets at 0.9930 & 0.9955 in extension. Alternative scenario Below 0.9895 look for further downside with 0.9880 & 0.9865 as targets...
Pivot (invalidation): 111.90 Our preference Long positions above 111.90 with targets at 112.35 & 112.55 in extension. Alternative scenario Below 111.90 look for further downside with 111.60 & 111.30 as targets...
Pivot (invalidation): 1.3150 Our preference Short positions below 1.3150 with targets at 1.3065 & 1.3030 in extension. Alternative scenario Above 1.3150 look for further upside with 1.3185 & 1.3225 as targets...
Pivot (invalidation): 1.1570 Our preference Short positions below 1.1570 with targets at 1.1535 & 1.1515 in extension. Alternative scenario Above 1.1570 look for further upside with 1.1590 & 1.1610 as targets...
China’s trade surplus with the US continues to reach record highs, at USD 34 billion in September from August’s USD 31 billion. It’s probably unsustainable, as the Trump Administration’s tariffs on USD 200 billion of Chinese goods went live on 24 September...
USDJPY spent the summer recoupling with interest rates. The JPY weakness helped the Nikkei rise nearly 2000 point in September. Yet, recent risk-sell which strengthened JPY, has eliminated most of the early gains...
Pivot (invalidation): 71.85 Our preference Short positions below 71.85 with targets at 70.50 & 70.00 in extension. Alternative scenario Above 71.85 look for further upside with 72.60 & 73.30 as targets...
Pivot (invalidation): 14.4700 Our preference Long positions above 14.4700 with targets at 14.6200 & 14.7100 in extension. Alternative scenario Below 14.4700 look for further downside with 14.3800 & 14.3100 as targets...
Pivot (invalidation): 1214.50 Our preference Long positions above 1214.50 with targets at 1228.50 & 1235.00 in extension. Alternative scenario Below 1214.50 look for further downside with 1205.50 & 1200.00 as targets...