Jiming Huang / Blog
The upside prevails. (By Swissquote TRADING CENTRAL) Pivot (invalidation): 1.1575 Our preference Long positions above 1.1575 with targets at 1.1645 & 1.1675 in extension...
Today in Vienna, OPEC and non-OPEC oil producers will discuss ramping up oil production. The stars seem to be aligned: discord with Iran has eased, while Russian and Saudi Arabia are supporting the move. Accordingly, the market reacted, as Brent and West Texas Intermediate (WTI) fell by -2...
The World Cup is on, it’s sunny and it’s Friday. Don’t expect a lot of action in equities or in Forex. Still, markets have a lot going on in the background. Yesterday saw a profit warning from Daimler – highlighting the risk of a US-China-EU trade war...
Further advance. (By Swissquote TRADING CENTRAL) Pivot (invalidation): 64.40 Our preference Long positions above 64.40 with targets at 65.80 & 66.20 in extension...
The downside prevails as long as 6789 is resistance (By Swissquote TRADING CENTRAL) Our pivot (invalidation) point is at 6789. Our preference The downside prevails as Long as 6789 is resistance...
As commercial tensions between US and China continue to strengthen due to additional USD 200 billion tariffs (total stated: USD 450 billion), worries from investors in Asian equities have led the Asian market into turmoil. Indeed, the Shanghai Composite Index fell by -3...
Canada has become the first developed nation to legalize Cannabis! On Tuesday the Canadian Senate passed Bill C-45, the Cannabis Act, which was already approved by the House of Common and so will become law. Canadians will be able to purchase and use cannabis legally as early as September 2018...
The downside prevails. (By Swissquote TRADING CENTRAL) Pivot (invalidation): 0.7435 Our preference Short positions below 0.7435 with targets at 0.7385 & 0.7365 in extension...
The upside prevails. (By Swissquote TRADING CENTRAL) Pivot (invalidation): 1.3160 Our preference Long positions above 1.3160 with targets at 1.3240 & 1.3290 in extension...