Jiming Huang / Profile

Pivot (invalidation): 110.70 Our preference Long positions above 110.70 with targets at 111.05 & 111.20 in extension. Alternative scenario Below 110.70 look for further downside with 110.50 & 110.30 as targets...

Pivot (invalidation): 1.3285 Our preference Long positions above 1.3285 with targets at 1.3350 & 1.3375 in extension. Alternative scenario Below 1.3285 look for further downside with 1.3260 & 1.3230 as targets...

Pivot (invalidation): 1.1360 Our preference Long positions above 1.1360 with targets at 1.1400 & 1.1415 in extension. Alternative scenario Below 1.1360 look for further downside with 1.1345 & 1.1325 as targets...

Rising 30% since lows of December, crude oil has gained following the last OPEC meeting of last year. Production was curbed 1.53 million barrels per day in January, as Saudi Arabia cut supply, despite the USA production peak of 12 million bpd...

US Federal Reserve Bank Chairman Jerome Powell yesterday told the US Senate’s Banking Committee that the Fed has definitely changed its monetary policy: it will now be “data dependent” and “patient”...

Pivot (invalidation): 55.40 Our preference Long positions above 55.40 with targets at 56.65 & 56.95 in extension. Alternative scenario Below 55.40 look for further downside with 55.00 & 54.75 as targets...

Pivot (invalidation): 15.8200 Our preference Long positions above 15.8200 with targets at 16.0000 & 16.1000 in extension. Alternative scenario Below 15.8200 look for further downside with 15.7600 & 15.7000 as targets...

Pivot (invalidation): 1324.50 Our preference Long positions above 1324.50 with targets at 1333.00 & 1336.00 in extension. Alternative scenario Below 1324.50 look for further downside with 1321.00 & 1317.00 as targets...

Pivot (invalidation): 2815.00 Our preference Short positions below 2815.00 with targets at 2781.00 & 2763.00 in extension. Alternative scenario Above 2815.00 look for further upside with 2831.00 & 2844.00 as targets...

Pivot (invalidation): 11490.00 Our preference Long positions above 11490.00 with targets at 11560.00 & 11617.00 in extension. Alternative scenario Below 11490.00 look for further downside with 11440.00 & 11380.00 as targets...

Pivot (invalidation): 5.2910 Our preference Long positions above 5.2910 with targets at 5.3160 & 5.3250 in extension. Alternative scenario Below 5.2910 look for further downside with 5.2820 & 5.2730 as targets...

Pivot (invalidation): 0.7160 Our preference Long positions above 0.7160 with targets at 0.7205 & 0.7225 in extension. Alternative scenario Below 0.7160 look for further downside with 0.7140 & 0.7120 as targets...

Pivot (invalidation): 1.3195 Our preference Short positions below 1.3195 with targets at 1.3150 & 1.3135 in extension. Alternative scenario Above 1.3195 look for further upside with 1.3215 & 1.3235 as targets...

Pivot (invalidation): 1.0020 Our preference Short positions below 1.0020 with targets at 0.9980 & 0.9960 in extension. Alternative scenario Above 1.0020 look for further upside with 1.0035 & 1.0055 as targets...

Pivot (invalidation): 110.75 Our preference Short positions below 110.75 with targets at 110.40 & 110.25 in extension. Alternative scenario Above 110.75 look for further upside with 110.90 & 111.05 as targets...

Pivot (invalidation): 1.3190 Our preference Long positions above 1.3190 with targets at 1.3290 & 1.3330 in extension. Alternative scenario Below 1.3190 look for further downside with 1.3140 & 1.3100 as targets...

Pivot (invalidation): 1.1365 Our preference Long positions above 1.1365 with targets at 1.1400 & 1.1415 in extension. Alternative scenario Below 1.1365 look for further downside with 1.1345 & 1.1325 as targets...

GBP appreciated against G10 currencies and by 0.70% against both the greenback and EUR, with the pound highest against the single currency since May 2017. Currently trading at 1.3172, GBP/USD is heading along 1.32 short-term...

Pivot (invalidation): 55.90 Our preference Short positions below 55.90 with targets at 54.75 & 54.20 in extension. Alternative scenario Above 55.90 look for further upside with 56.35 & 57.00 as targets...

Pivot (invalidation): 16.0000 Our preference Short positions below 16.0000 with targets at 15.8200 & 15.7600 in extension. Alternative scenario Above 16.0000 look for further upside with 16.0500 & 16.1000 as targets...