Jiming Huang / Profile

Pivot (invalidation): 1.1350 Our preference Short positions below 1.1350 with targets at 1.1320 & 1.1300 in extension. Alternative scenario Above 1.1350 look for further upside with 1.1370 & 1.1390 as targets...

After Australia forbid Huawei Technologies from supplying a 5G mobile network on the grounds of national security risks in August 2018, Chinese authorities have lashed back. They banned Australian shipments of coal to Dalian and prolonged customs clearance in major ports...

Minutes of the US Federal Reserve Bank’s January meeting bumped equities across the globe slightly higher. On Thursday morning, futures on the S&P 500 rose to the highest level since 3 December, while European futures were also wearing green. The Eurostoxx 50 was up 0.25%, the German DAX 0...

Pivot (invalidation): 56.60 Our preference Long positions above 56.60 with targets at 58.00 & 58.40 in extension. Alternative scenario Below 56.60 look for further downside with 56.10 & 55.65 as targets...

Pivot (invalidation): 16.1000 Our preference Short positions below 16.1000 with targets at 15.9400 & 15.8400 in extension. Alternative scenario Above 16.1000 look for further upside with 16.1400 & 16.2100 as targets...

Pivot (invalidation): 1346.50 Our preference Short positions below 1346.50 with targets at 1336.50 & 1330.00 in extension. Alternative scenario Above 1346.50 look for further upside with 1350.00 & 1354.00 as targets...

Pivot (invalidation): 2763.00 Our preference Long positions above 2763.00 with targets at 2795.00 & 2810.00 in extension. Alternative scenario Below 2763.00 look for further downside with 2750.00 & 2737.00 as targets...

Pivot (invalidation): 11315.00 Our preference Long positions above 11315.00 with targets at 11490.00 & 11560.00 in extension. Alternative scenario Below 11315.00 look for further downside with 11242.00 & 11180.00 as targets...

Pivot (invalidation): 5.3410 Our preference Short positions below 5.3410 with targets at 5.3000 & 5.2775 in extension. Alternative scenario Above 5.3410 look for further upside with 5.3630 & 5.3870 as targets...

Pivot (invalidation): 0.7145 Our preference Long positions above 0.7145 with targets at 0.7185 & 0.7210 in extension. Alternative scenario Below 0.7145 look for further downside with 0.7125 & 0.7100 as targets...

Pivot (invalidation): 1.3200 Our preference Short positions below 1.3200 with targets at 1.3145 & 1.3120 in extension. Alternative scenario Above 1.3200 look for further upside with 1.3235 & 1.3260 as targets...

Pivot (invalidation): 0.9990 Our preference Long positions above 0.9990 with targets at 1.0020 & 1.0035 in extension. Alternative scenario Below 0.9990 look for further downside with 0.9980 & 0.9970 as targets...

Pivot (invalidation): 110.60 Our preference Long positions above 110.60 with targets at 110.95 & 111.15 in extension. Alternative scenario Below 110.60 look for further downside with 110.45 & 110.25 as targets...

Pivot (invalidation): 1.3065 Our preference Short positions below 1.3065 with targets at 1.3010 & 1.2980 in extension. Alternative scenario Above 1.3065 look for further upside with 1.3100 & 1.3135 as targets...

Pivot (invalidation): 1.1370 Our preference Short positions below 1.1370 with targets at 1.1325 & 1.1295 in extension. Alternative scenario Above 1.1370 look for further upside with 1.1390 & 1.1410 as targets...

The South African rand remains under heavy pressures, as investors are worried. Today’s budget announcement will be closely watched. Among the three major rating agencies, only Moody’s maintains the investment grade rating to government debt...

UK Prime Minister Theresa May is heading back to Brussels for what we see as a way to collect air-miles. There is zero evidence that anything has changed on either side of Brexit: concessions from the EU are highly unlikely...

Pivot (invalidation): 55.70 Our preference Long positions above 55.70 with targets at 56.90 & 57.60 in extension. Alternative scenario Below 55.70 look for further downside with 55.35 & 55.05 as targets...

Pivot (invalidation): 15.9500 Our preference Long positions above 15.9500 with targets at 16.1100 & 16.1800 in extension. Alternative scenario Below 15.9500 look for further downside with 15.8400 & 15.7200 as targets...

Pivot (invalidation): 1339.00 Our preference Long positions above 1339.00 with targets at 1349.00 & 1354.00 in extension. Alternative scenario Below 1339.00 look for further downside with 1335.00 & 1328.00 as targets...