Jiming Huang / Blog
Pivot (invalidation): 2892.00 Our preference Long positions above 2892.00 with targets at 2917.00 & 2925.00 in extension. Alternative scenario Below 2892.00 look for further downside with 2885.00 & 2875.00 as targets...
Pivot (invalidation): 12414.00 Our preference Short positions below 12414.00 with targets at 12324.00 & 12274.00 in extension. Alternative scenario Above 12414.00 look for further upside with 12464.00 & 12494.00 as targets...
Pivot (invalidation): 6.5165 Our preference Long positions above 6.5165 with targets at 6.7000 & 6.7940 in extension. Alternative scenario Below 6.5165 look for further downside with 6.4000 & 6.2880 as targets...
Pivot (invalidation): 0.7215 Our preference Short positions below 0.7215 with targets at 0.7160 & 0.7135 in extension. Alternative scenario Above 0.7215 look for further upside with 0.7240 & 0.7275 as targets...
Pivot (invalidation): 1.3030 Our preference Long positions above 1.3030 with targets at 1.3090 & 1.3125 in extension. Alternative scenario Below 1.3030 look for further downside with 1.2990 & 1.2965 as targets...
Pivot (invalidation): 0.9675 Our preference Long positions above 0.9675 with targets at 0.9715 & 0.9740 in extension. Alternative scenario Below 0.9675 look for further downside with 0.9655 & 0.9640 as targets...
Pivot (invalidation): 111.05 Our preference Short positions below 111.05 with targets at 110.85 & 110.65 in extension. Alternative scenario Above 111.05 look for further upside with 111.20 & 111.35 as targets...
Pivot (invalidation): 1.2970 Our preference Short positions below 1.2970 with targets at 1.2900 & 1.2860 in extension. Alternative scenario Above 1.2970 look for further upside with 1.3000 & 1.3030 as targets...
Pivot (invalidation): 1.1630 Our preference Short positions below 1.1630 with targets at 1.1580 & 1.1555 in extension. Alternative scenario Above 1.1630 look for further upside with 1.1655 & 1.1675 as targets...
Japan’s economic data this week remain subdued, with a continued slowdown in industrial production in July, consumer consumption flat and a slight acceleration in inflation for August (CPI annual figures at 1.20%, slightly above consensus at 1%; core at 0.90%), suggesting a weak bounce for Q3 GDP...