Jiming Huang / Profile

Pivot (invalidation): 0.9685 Our preference Long positions above 0.9685 with targets at 0.9730 & 0.9750 in extension. Alternative scenario...

Pivot (invalidation): 1.2395 Our preference Long positions above 1.2395 with targets at 1.2455 & 1.2485 in extension. Alternative scenario...

Pivot (invalidation): 1.0820 Our preference Long positions above 1.0820 with targets at 1.0875 & 1.0895 in extension. Alternative scenario...

In the currency markets, the US dollar is down on the back of an untouched risk appetite, but the US treasuries remain in demand. The US 10-year yield remains capped near the 0.70% mark. The USDJPY attracted buyers near the 106-support, as the USDCHF reached the 200-day moving average (0.9785...

US and European equities closed Thursday’s session comfortably higher, and futures rose on prospects of business reopening, even though the White House stood against issuing specific guidelines on when and how to kick start the economic activity on fear that they could be too prescriptive, and fo...

Pivot (invalidation): 24.45 Our preference Short positions below 24.45 with targets at 23.20 & 22.55 in extension. Alternative scenario...

Pivot (invalidation): 15.1600 Our preference Long positions above 15.1600 with targets at 15.6000 & 15.8000 in extension. Alternative scenario...

Pivot (invalidation): 1703.00 Our preference Long positions above 1703.00 with targets at 1731.00 & 1745.00 in extension. Alternative scenario...

Pivot (invalidation): 2846.00 Our preference Long positions above 2846.00 with targets at 2901.00 & 2931.00 in extension. Alternative scenario...

Pivot (invalidation): 10600.00 Our preference Long positions above 10600.00 with targets at 10800.00 & 10980.00 in extension. Alternative scenario...

Pivot (invalidation): 7.1500 Our preference Short positions below 7.1500 with targets at 7.0540 & 7.0160 in extension. Alternative scenario...

Pivot (invalidation): 0.6500 Our preference Long positions above 0.6500 with targets at 0.6570 & 0.6600 in extension. Alternative scenario...

Pivot (invalidation): 1.3970 Our preference Short positions below 1.3970 with targets at 1.3915 & 1.3885 in extension. Alternative scenario...

Pivot (invalidation): 0.9745 Our preference Short positions below 0.9745 with targets at 0.9710 & 0.9685 in extension. Alternative scenario...

j Pivot (invalidation): 106.20 Our preference Long positions above 106.20 with targets at 106.45 & 106.65 in extension...

Pivot (invalidation): 1.2350 Our preference Long positions above 1.2350 with targets at 1.2420 & 1.2450 in extension. Alternative scenario...

Pivot (invalidation): 1.0820 Our preference Long positions above 1.0820 with targets at 1.0855 & 1.0885 in extension. Alternative scenario...

In the UK, the Bank of England (BoE) is widely expected to maintain the interest rates and the bond purchases program unchanged at today’s monetary policy meeting...

The early week optimism faded on the back of mixed but mostly negative corporate results in the US, hundreds of earning calls proving that the economic collapse due to the coronavirus has been far worse than the 2008 subprime crisis according to a Fed study, and a devastating jobs report...

Pivot (invalidation): 23.40 Our preference Long positions above 23.40 with targets at 24.90 & 25.50 in extension. Alternative scenario...