Jiming Huang / Blog
Pivot (invalidation): 12135.00 Our preference Short positions below 12135.00 with targets at 12030.00 & 11955.00 in extension. Alternative scenario Above 12135.00 look for further upside with 12190.00 & 12235.00 as targets...
Pivot (invalidation): 6.2760 Our preference Long positions above 6.2760 with targets at 6.3580 & 6.4160 in extension. Alternative scenario Below 6.2760 look for further downside with 6.2265 & 6.1470 as targets...
Pivot (invalidation): 0.7165 Our preference Long positions above 0.7165 with targets at 0.7215 & 0.7230 in extension. Alternative scenario Below 0.7165 look for further downside with 0.7140 & 0.7125 as targets...
Pivot (invalidation): 1.3025 Our preference Long positions above 1.3025 with targets at 1.3080 & 1.3100 in extension. Alternative scenario Below 1.3025 look for further downside with 1.3000 & 1.2980 as targets...
Pivot (invalidation): 0.9635 Our preference Short positions below 0.9635 with targets at 0.9610 & 0.9590 in extension. Alternative scenario Above 0.9635 look for further upside with 0.9655 & 0.9675 as targets...
Pivot (invalidation): 111.80 Our preference Long positions above 111.80 with targets at 112.10 & 112.30 in extension. Alternative scenario Below 111.80 look for further downside with 111.65 & 111.50 as targets...
Pivot (invalidation): 1.3135 Our preference Long positions above 1.3135 with targets at 1.3165 & 1.3185 in extension. Alternative scenario Below 1.3135 look for further downside with 1.3110 & 1.3080 as targets...
Pivot (invalidation): 1.1665 Our preference Long positions above 1.1665 with targets at 1.1725 & 1.1750 in extension. Alternative scenario Below 1.1665 look for further downside with 1.1640 & 1.1620 as targets...
Yesterday central banks' schedule was quite packed. Starting with the Turkish central bank decision to raise interest rates to 24%, a rise of 625 bps, while investors were expecting that the CBTR would target 21...