Jiming Huang / Blog
Signs of risk aversion are everywhere. With a mixed read from Asia equities, FX and bonds mirror investors’ worries. CNY and TRY lost ground against the safe haven USD, thanks to trade concerns...
Pivot (invalidation): 7590 Our preference Short positions below 7590 with targets at 7225 & 7000 in extension. Alternative scenario Above 7590 look for further upside with 7790 & 7990 as targets...
Pivot (invalidation): 68.40 Our preference Long positions above 68.40 with targets at 69.35 & 69.90 in extension. Alternative scenario Below 68.40 look for further downside with 68.00 & 67.40 as targets...
Pivot (invalidation): 15.3700 Our preference Short positions below 15.3700 with targets at 15.2300 & 15.1600 in extension. Alternative scenario Above 15.3700 look for further upside with 15.4800 & 15.5400 as targets...
Pivot (invalidation): 1214.00 Our preference Short positions below 1214.00 with targets at 1202.00 & 1200.00 in extension. Alternative scenario Above 1214.00 look for further upside with 1220.50 & 1225.00 as targets...
Pivot (invalidation): 1.1555 Our preference Short positions below 1.1555 with targets at 1.1525 & 1.1510 in extension. Alternative scenario Above 1.1555 look for further upside with 1.1570 & 1.1590 as targets...
Pivot (invalidation): 0.8895 Our preference Long positions above 0.8895 with targets at 0.8915 & 0.8925 in extension. Alternative scenario Below 0.8895 look for further downside with 0.8880 & 0.8865 as targets...
Pivot (invalidation): 0.7385 Our preference Short positions below 0.7385 with targets at 0.7350 & 0.7330 in extension. Alternative scenario Above 0.7385 look for further upside with 0.7400 & 0.7420 as targets...
Pivot (invalidation): 1.3000 Our preference Long positions above 1.3000 with targets at 1.3040 & 1.3060 in extension. Alternative scenario Below 1.3000 look for further downside with 1.2970 & 1.2945 as targets...