Jiming Huang / Blog
Pivot (invalidation): 0.7380 Our preference Long positions above 0.7380 with targets at 0.7405 & 0.7415 in extension. Alternative scenario Below 0.7380 look for further downside with 0.7365 & 0.7350 as targets...
Pivot (invalidation): 1.3050 Our preference Long positions above 1.3050 with targets at 1.3095 & 1.3130 in extension. Alternative scenario Below 1.3050 look for further downside with 1.3020 & 1.3000 as targets...
Pivot (invalidation): 0.9930 Our preference Long positions above 0.9930 with targets at 0.9965 & 0.9980 in extension. Alternative scenario Below 0.9930 look for further downside with 0.9915 & 0.9900 as targets...
Pivot (invalidation): 110.85 Our preference Long positions above 110.85 with targets at 111.25 & 111.50 in extension. Alternative scenario Below 110.85 look for further downside with 110.60 & 110.35 as targets...
Pivot (invalidation): 1.3080 Our preference Long positions above 1.3080 with targets at 1.3115 & 1.3130 in extension. Alternative scenario Below 1.3080 look for further downside with 1.3060 & 1.3035 as targets...
Pivot (invalidation): 1.1635 Our preference Long positions above 1.1635 with targets at 1.1670 & 1.1695 in extension. Alternative scenario Below 1.1635 look for further downside with 1.1620 & 1.1600 as targets...
Brexit negotiations continue with Theresa May taking control of discussions. As communicated on Tuesday in a ministerial statement, PM May has taken full responsibility for the negotiations with the EU, accompanied by Dominic Raab, her new Brexit Secretary, who replaces David Davis...
As broadly expected, the European Central Bank held interest rates unchanged yesterday. The marginal lending facility and the deposit facility rates will remain at 0.25% and -0.40%, respectively...
Pivot (invalidation): 8175 Our preference Short positions below 8175 with targets at 7690 & 7560 in extension. Alternative scenario Above 8175 look for further upside with 8330 & 8500 as targets...