Jiming Huang / Blog
Pivot (invalidation): 12000.00 Our preference Short positions below 12000.00 with targets at 11885.00 & 11840.00 in extension. Alternative scenario Above 12000.00 look for further upside with 12090.00 & 12167.00 as targets...
Pivot (invalidation): 6.4500 Our preference Short positions below 6.4500 with targets at 6.3700 & 6.3000 in extension. Alternative scenario Above 6.4500 look for further upside with 6.4900 & 6.5400 as targets...
Pivot (invalidation): 0.7135 Our preference Short positions below 0.7135 with targets at 0.7095 & 0.7065 in extension. Alternative scenario Above 0.7135 look for further upside with 0.7170 & 0.7190 as targets...
Pivot (invalidation): 1.3150 Our preference Long positions above 1.3150 with targets at 1.3200 & 1.3225 in extension. Alternative scenario Below 1.3150 look for further downside with 1.3115 & 1.3090 as targets...
Pivot (invalidation): 0.9680 Our preference Long positions above 0.9680 with targets at 0.9710 & 0.9725 in extension. Alternative scenario Below 0.9680 look for further downside with 0.9665 & 0.9650 as targets...
Pivot (invalidation): 110.70 Our preference Long positions above 110.70 with targets at 111.20 & 111.40 in extension. Alternative scenario Below 110.70 look for further downside with 110.50 & 110.35 as targets...
Pivot (invalidation): 1.2960 Our preference Short positions below 1.2960 with targets at 1.2895 & 1.2870 in extension. Alternative scenario Above 1.2960 look for further upside with 1.2990 & 1.3030 as targets...
Pivot (invalidation): 1.1585 Our preference Short positions below 1.1585 with targets at 1.1530 & 1.1500 in extension. Alternative scenario Above 1.1585 look for further upside with 1.1615 & 1.1650 as targets...
The German economy did well in the month of August. It managed to overcome the weakness from the first half amid improved manufacturing and service activity while inflation remained below the 2% threshold thanks to more stable currency exchanges across the months of July and August...