Jiming Huang / Blog
The US Federal Reserve Bank yesterday released minutes of its August monetary policy meeting: a 0.25% interest rate hike is signalled for September. Markets have reacted with confusion. Was the tone hawkish or dovish...
Pivot (invalidation): 6560 Our preference Short positions below 6560 with targets at 6255 & 6125 in extension. Alternative scenario Above 6560 look for further upside with 6855 & 7030 as targets...
Pivot (invalidation): 67.25 Our preference Long positions above 67.25 with targets at 68.50 & 68.90 in extension. Alternative scenario Below 67.25 look for further downside with 66.80 & 66.40 as targets...
Pivot (invalidation): 14.7300 Our preference Short positions below 14.7300 with targets at 14.4800 & 14.4000 in extension. Alternative scenario Above 14.7300 look for further upside with 14.8100 & 14.8700 as targets...
Pivot (invalidation): 1194.50 Our preference Short positions below 1194.50 with targets at 1187.50 & 1184.00 in extension. Alternative scenario Above 1194.50 look for further upside with 1199.00 & 1201.75 as targets...
Pivot (invalidation): 1.1405 Our preference Short positions below 1.1405 with targets at 1.1360 & 1.1325 in extension. Alternative scenario Above 1.1405 look for further upside with 1.1435 & 1.1455 as targets...
Pivot (invalidation): 0.8960 Our preference Long positions above 0.8960 with targets at 0.8990 & 0.9005 in extension. Alternative scenario Below 0.8960 look for further downside with 0.8945 & 0.8935 as targets...
Pivot (invalidation): 0.7320 Our preference Short positions below 0.7320 with targets at 0.7275 & 0.7250 in extension. Alternative scenario Above 0.7320 look for further upside with 0.7335 & 0.7365 as targets...
Pivot (invalidation): 1.3000 Our preference Long positions above 1.3000 with targets at 1.3070 & 1.3095 in extension. Alternative scenario Below 1.3000 look for further downside with 1.2980 & 1.2960 as targets...