Jiming Huang / Blog
Pivot (invalidation): 6.6400 Our preference Short positions below 6.6400 with targets at 6.5600 & 6.5165 in extension. Alternative scenario Above 6.6400 look for further upside with 6.6800 & 6.7200 as targets...
Pivot (invalidation): 0.7180 Our preference Long positions above 0.7180 with targets at 0.7215 & 0.7235 in extension. Alternative scenario Below 0.7180 look for further downside with 0.7160 & 0.7140 as targets...
Pivot (invalidation): 1.3150 Our preference Long positions above 1.3150 with targets at 1.3205 & 1.3250 in extension. Alternative scenario Below 1.3150 look for further downside with 1.3115 & 1.3085 as targets...
Pivot (invalidation): 0.9725 Our preference Short positions below 0.9725 with targets at 0.9680 & 0.9650 in extension. Alternative scenario Above 0.9725 look for further upside with 0.9750 & 0.9765 as targets...
Pivot (invalidation): 111.55 Our preference Short positions below 111.55 with targets at 111.20 & 111.00 in extension. Alternative scenario Above 111.55 look for further upside with 111.75 & 112.00 as targets...
Pivot (invalidation): 1.2870 Our preference Long positions above 1.2870 with targets at 1.2950 & 1.2985 in extension. Alternative scenario Below 1.2870 look for further downside with 1.2840 & 1.2805 as targets...
Pivot (invalidation): 1.1615 Our preference Long positions above 1.1615 with targets at 1.1675 & 1.1690 in extension. Alternative scenario Below 1.1615 look for further downside with 1.1595 & 1.1570 as targets...
NAFTA trade talks between the US and Canada are resuming today – and this certainly not expected to be a quick resolution period...
Emerging market currencies and world equities suffered another sell-off yesterday as investors remained worried that the crisis in Turkey and Argentina could spread to other vulnerable emerging market economies...