Jiming Huang / Blog
Pivot (invalidation): 6.0310 Our preference Short positions below 6.0310 with targets at 5.9530 & 5.9000 in extension. Alternative scenario Above 6.0310 look for further upside with 6.1000 & 6.1500 as targets...
Pivot (invalidation): 0.7225 Our preference Short positions below 0.7225 with targets at 0.7200 & 0.7185 in extension. Alternative scenario Above 0.7225 look for further upside with 0.7240 & 0.7260 as targets...
Pivot (invalidation): 1.3045 Our preference Short positions below 1.3045 with targets at 1.3015 & 1.2990 in extension. Alternative scenario Above 1.3045 look for further upside with 1.3080 & 1.3105 as targets...
Pivot (invalidation): 0.9720 Our preference Long positions above 0.9720 with targets at 0.9800 & 0.9835 in extension. Alternative scenario Below 0.9720 look for further downside with 0.9695 & 0.9665 as targets...
Pivot (invalidation): 113.25 Our preference Long positions above 113.25 with targets at 113.80 & 114.00 in extension. Alternative scenario Below 113.25 look for further downside with 113.05 & 112.85 as targets...
Pivot (invalidation): 1.3110 Our preference Short positions below 1.3110 with targets at 1.3065 & 1.3030 in extension. Alternative scenario Above 1.3110 look for further upside with 1.3140 & 1.3165 as targets...
Pivot (invalidation): 1.1670 Our preference Short positions below 1.1670 with targets at 1.1615 & 1.1585 in extension. Alternative scenario Above 1.1670 look for further upside with 1.1695 & 1.1725 as targets...
Canadian dollar optimism is eroding, as Sunday’s deadline for US-Canada trade talks approaches. US President Donald Trump confirmed his discontent, refusing Canadian Prime Minister Justin Trudeau’s request for a meeting...
Jerome Powell didn’t rock the boat during Powell the last FOMC meeting. As widely expected, policy makers raised the target band for the federal fund rate by 25bps to 2% - 2.25%, for the third time this year...