Jiming Huang / Blog
A truce seems to have been found between the EU and the US – at least for now. But this positive news has to be converted into facts, and this will certainly take time. For now, the German economy provides economic figures, which tell us that the economy was already slowing down in June...
The Australian dollar rose more than 0.60% on Tuesday morning after the Reserve Bank of Australia left the Official Cash Rate unchanged at record low 1.50%. Overall, the tone of the stamen hasn’t change much since the July meeting...
Pivot (invalidation): 7155 Our preference Short positions below 7155 with targets at 6830 & 6635 in extension. Alternative scenario Above 7155 look for further upside with 7350 & 7535 as targets...
Pivot (invalidation): 68.60 Our preference Long positions above 68.60 with targets at 69.30 & 69.90 in extension. Alternative scenario Below 68.60 look for further downside with 68.25 & 67.75 as targets...
Pivot (invalidation): 15.3500 Our preference Short positions below 15.3500 with targets at 15.2100 & 15.1600 in extension. Alternative scenario Above 15.3500 look for further upside with 15.4800 & 15.5500 as targets...
Pivot (invalidation): 1211.50 Our preference Short positions below 1211.50 with targets at 1204.00 & 1200.00 in extension. Alternative scenario Above 1211.50 look for further upside with 1217.00 & 1220.00 as targets...
Pivot (invalidation): 1.1505 Our preference Long positions above 1.1505 with targets at 1.1530 & 1.1545 in extension. Alternative scenario Below 1.1505 look for further downside with 1.1490 & 1.1480 as targets...
Pivot (invalidation): 0.8920 Our preference Long positions above 0.8920 with targets at 0.8940 & 0.8955 in extension. Alternative scenario Below 0.8920 look for further downside with 0.8900 & 0.8885 as targets...
Pivot (invalidation): 0.7400 Our preference Short positions below 0.7400 with targets at 0.7375 & 0.7360 in extension. Alternative scenario Above 0.7400 look for further upside with 0.7410 & 0.7425 as targets...