Jiming Huang / Blog
Pivot (invalidation): 1.3080 Our preference Long positions above 1.3080 with targets at 1.3125 & 1.3155 in extension. Alternative scenario Below 1.3080 look for further downside with 1.3055 & 1.3040 as targets...
Pivot (invalidation): 0.9680 Our preference Long positions above 0.9680 with targets at 0.9715 & 0.9740 in extension. Alternative scenario Below 0.9680 look for further downside with 0.9665 & 0.9650 as targets...
Pivot (invalidation): 110.90 Our preference Long positions above 110.90 with targets at 111.20 & 111.40 in extension. Alternative scenario Below 110.90 look for further downside with 110.70 & 110.50 as targets...
Pivot (invalidation): 1.2890 Our preference Short positions below 1.2890 with targets at 1.2850 & 1.2820 in extension. Alternative scenario Above 1.2890 look for further upside with 1.2935 & 1.2970 as targets...
Pivot (invalidation): 1.1625 Our preference Short positions below 1.1625 with targets at 1.1585 & 1.1565 in extension. Alternative scenario Above 1.1625 look for further upside with 1.1650 & 1.1675 as targets...
Fears of contagion related to the Turkish banking system continues to spread, pushing the Turkish lira downward as inflation continues to grow at a higher pace than expected...
After extending gains against most of its peers amid renewed concerns over trade tensions, the greenback started the week slowly and consolidated gains. The dollar index stabilised around 95.10 as EUR/USD rose 0.15% to 1.1618, while the pound sterling eased -0.33% to 1...
Pivot (invalidation): 70.00 Our preference Short positions below 70.00 with targets at 69.35 & 68.95 in extension. Alternative scenario Above 70.00 look for further upside with 70.50 & 70.95 as targets...
Pivot (invalidation): 14.5300 Our preference Short positions below 14.5300 with targets at 14.3600 & 14.2600 in extension. Alternative scenario Above 14.5300 look for further upside with 14.6000 & 14.7000 as targets...