Jiming Huang / Blog
Pivot (invalidation): 0.9955 Our preference Long positions above 0.9955 with targets at 0.9970 & 0.9985 in extension. Alternative scenario Below 0.9955 look for further downside with 0.9945 & 0.9930 as targets...
Pivot (invalidation): 111.50 Our preference Short positions below 111.50 with targets at 111.20 & 111.05 in extension. Alternative scenario Above 111.50 look for further upside with 111.65 & 111.85 as targets...
Pivot (invalidation): 1.2970 Our preference Short positions below 1.2970 with targets at 1.2920 & 1.2890 in extension. Alternative scenario Above 1.2970 look for further upside with 1.3005 & 1.3040 as targets...
Pivot (invalidation): 1.1570 Our preference Short positions below 1.1570 with targets at 1.1545 & 1.1530 in extension. Alternative scenario Above 1.1570 look for further upside with 1.1590 & 1.1610 as targets...
rade tensions are intensifying, as China takes retaliatory measures, announcing additional tariffs on USD 60 billion of US imports ranging from 5% – 20% following latest threats from US side to implement a 25% tariff on USD 200 billion Chinese imports...
USD continued to dominate the FX markets. The greenback has been benefit from aggravated stress points in other currencies. Whether is trade tensions, sanctions, Brexit concerns, European politics, exposure to oil prices or interest rates etc, the USD look to be the safe haven of choice...
Pivot (invalidation): 7415 Our preference Short positions below 7415 with targets at 7000 & 6770 in extension. Alternative scenario Above 7415 look for further upside with 7590 & 7780 as targets...
Pivot (invalidation): 68.25 Our preference Long positions above 68.25 with targets at 69.23 & 69.90 in extension. Alternative scenario Below 68.25 look for further downside with 67.85 & 67.40 as targets...
Pivot (invalidation): 15.3400 Our preference Long positions above 15.3400 with targets at 15.5500 & 15.6100 in extension. Alternative scenario Below 15.3400 look for further downside with 15.2600 & 15.2100 as targets...