Jiming Huang / Blog
The Australian dollar added more than 0.50% on Tuesday after the PBoC announced it would keep the yuan stable at an equilibrium level...
In Europe the focus is on German politics and economics. Purchasing data should show a small increase. While Chancellor Angela Merkel managed to float a refugee resettlement deal, partner-party CSU Chairman and interior Minister Horst Seehofer vetoed...
The US economy is firing on all cylinders with net exports above expectations, which defies the backdrop of protectionism. Q2 GDP growth could hit 4.5% annualised; new jobs may top 200.000 t as well. 10-year T-Bills fell to 2...
The RSI is overbought (By Swissquote TRADING CENTRAL) Our pivot (invalidation) point stands at 6173. Our preference As Long as 6173 is support look for 6687...
Key resistance at 74.00. (By Swissquote TRADING CENTRAL) Pivot (invalidation): 74.00 Our preference Short positions below 74.00 with targets at 72.20 & 71.70 in extension...
Turning down. (By Swissquote TRADING CENTRAL) Pivot (invalidation): 16.1600 Our preference Short positions below 16.1600 with targets at 15.9500 & 15.9000 in extension...
Turning down. (By Swissquote TRADING CENTRAL) Pivot (invalidation): 1255.50 Our preference Short positions below 1255.50 with targets at 1248.00 & 1245.50 in extension...
Rebound towards 1.1593 (By Swissquote TRADING CENTRAL) Our pivot (invalidation) point is at 1.1547. Our preference rebound towards 1.1593...
Key resistance at 0.8855. (By Swissquote TRADING CENTRAL) Pivot (invalidation): 0.8855 Our preference Short positions below 0.8855 with targets at 0.8830 & 0.8815 in extension...