Jiming Huang / Blog
Pivot (invalidation): 6.2590 Our preference Short positions below 6.2590 with targets at 6.1755 & 6.1245 in extension. Alternative scenario Above 6.2590 look for further upside with 6.3290 & 6.3780 as targets...
Pivot (invalidation): 0.7270 Our preference Long positions above 0.7270 with targets at 0.7300 & 0.7325 in extension. Alternative scenario Below 0.7270 look for further downside with 0.7250 & 0.7235 as targets...
Pivot (invalidation): 1.2925 Our preference Short positions below 1.2925 with targets at 1.2895 & 1.2880 in extension. Alternative scenario Above 1.2925 look for further upside with 1.2945 & 1.2965 as targets...
Pivot (invalidation): 0.9605 Our preference Short positions below 0.9605 with targets at 0.9575 & 0.9550 in extension. Alternative scenario Above 0.9605 look for further upside with 0.9625 & 0.9650 as targets...
Pivot (invalidation): 112.45 Our preference Long positions above 112.45 with targets at 112.80 & 113.00 in extension. Alternative scenario Below 112.45 look for further downside with 112.30 & 112.05 as targets...
Pivot (invalidation): 1.3225 Our preference Long positions above 1.3225 with targets at 1.3300 & 1.3340 in extension. Alternative scenario Below 1.3225 look for further downside with 1.3195 & 1.3155 as targets...
Pivot (invalidation): 1.1755 Our preference Long positions above 1.1755 with targets at 1.1800 & 1.1830 in extension. Alternative scenario Below 1.1755 look for further downside with 1.1735 & 1.1710 as targets...
Today’s South African Reserve Bank MPC decision is expected to maintain its Repo rate stable at 6.50% due to moderating inflation expectations within target corridor of 3-6% along with improving framework conditions for EM countries...
Switzerland’s foreign trade remained subdued in August amid weak demand from the US and Asia. Exports rose 0.6%m/m in August, while previous month figure was downwardly revised to -2%m/m from -1.4%. Imports contracted 2.8%m/m, compared to -1.3% in July. The trade balance rose to CHF 1...