Jiming Huang / Blog
Pivot (invalidation): 1.3175 Our preference Long positions above 1.3175 with targets at 1.3265 & 1.3300 in extension. Alternative scenario Below 1.3175 look for further downside with 1.3130 & 1.3100 as targets...
Pivot (invalidation): 1.1530 Our preference Long positions above 1.1530 with targets at 1.1580 & 1.1600 in extension. Alternative scenario Below 1.1530 look for further downside with 1.1515 & 1.1485 as targets...
The South African rand is still under pressure. Economic growth remains sluggish, while inflation continues to overshoot a target of 3-6...
The single currency has been unable to reverse the greenback’s strong momentum yet. EUR/USD is stuck below the 1.15 threshold, as investors remain worried about the potential negative outcome of the clash between Italy and the EU regarding the Italian budget...
Pivot (invalidation): 74.25 Our preference Long positions above 74.25 with targets at 75.30 & 75.60 in extension. Alternative scenario Below 74.25 look for further downside with 73.70 & 73.05 as targets...
Pivot (invalidation): 14.2500 Our preference Long positions above 14.2500 with targets at 14.4900 & 14.5600 in extension. Alternative scenario Below 14.2500 look for further downside with 14.1500 & 14.0500 as targets...
Pivot (invalidation): 1185.00 Our preference Long positions above 1185.00 with targets at 1192.00 & 1195.00 in extension. Alternative scenario Below 1185.00 look for further downside with 1180.50 & 1176.50 as targets...
Pivot (invalidation): 2871.00 Our preference Long positions above 2871.00 with targets at 2895.50 & 2904.00 in extension. Alternative scenario Below 2871.00 look for further downside with 2862.00 & 2854.00 as targets...
Pivot (invalidation): 11875.00 Our preference Long positions above 11875.00 with targets at 12050.00 & 12100.00 in extension. Alternative scenario Below 11875.00 look for further downside with 11800.00 & 11730.00 as targets...