Jiming Huang / Profile

Pivot (invalidation): 1.0060 Our preference Long positions above 1.0060 with targets at 1.0095 & 1.0110 in extension. Alternative scenario Below 1.0060 look for further downside with 1.0035 & 1.0020 as targets...

Pivot (invalidation): 110.85 Our preference Long positions above 110.85 with targets at 111.25 & 111.45 in extension. Alternative scenario Below 110.85 look for further downside with 110.65 & 110.50 as targets...

Pivot (invalidation): 1.2885 Our preference Short positions below 1.2885 with targets at 1.2840 & 1.2810 in extension. Alternative scenario Above 1.2885 look for further upside with 1.2905 & 1.2925 as targets...

Pivot (invalidation): 1.1285 Our preference Short positions below 1.1285 with targets at 1.1260 & 1.1245 in extension. Alternative scenario Above 1.1285 look for further upside with 1.1300 & 1.1320 as targets...

The New Zealand dollar surged more than 1.8% on Wednesday morning amid an unexpected hawkish - or less dovish - announcement from the Reserve Bank of New Zealand (RBNZ). NZD/USD hit $0.6850 before stabilising around $0.6825...

Following January’s Bank of Canada’s (BoC) meeting, which decided to maintain its key rate at 1.75% for the second consecutive time, the loonie is holding up against the greenback...

Pivot (invalidation): 53.10 Our preference Long positions above 53.10 with targets at 54.05 & 54.55 in extension. Alternative scenario Below 53.10 look for further downside with 52.55 & 52.15 as targets...

Pivot (invalidation): 15.7700 Our preference Short positions below 15.7700 with targets at 15.6600 & 15.6200 in extension. Alternative scenario Above 15.7700 look for further upside with 15.8300 & 15.8700 as targets...

Pivot (invalidation): 1310.00 Our preference Long positions above 1310.00 with targets at 1314.25 & 1316.50 in extension. Alternative scenario Below 1310.00 look for further downside with 1308.00 & 1306.00 as targets...

Pivot (invalidation): 2722.00 Our preference Long positions above 2722.00 with targets at 2765.00 & 2790.00 in extension. Alternative scenario Below 2722.00 look for further downside with 2710.00 & 2695.00 as targets...

Pivot (invalidation): 11036.00 Our preference Long positions above 11036.00 with targets at 11173.00 & 11247.00 in extension. Alternative scenario Below 11036.00 look for further downside with 10940.00 & 10860.00 as targets...

Pivot (invalidation): 5.2660 Our preference Short positions below 5.2660 with targets at 5.2300 & 5.2140 in extension. Alternative scenario Above 5.2660 look for further upside with 5.2850 & 5.2960 as targets...

Pivot (invalidation): 0.7105 Our preference Long positions above 0.7105 with targets at 0.7140 & 0.7160 in extension. Alternative scenario Below 0.7105 look for further downside with 0.7090 & 0.7070 as targets...

Pivot (invalidation): 1.3235 Our preference Short positions below 1.3235 with targets at 1.3170 & 1.3150 in extension. Alternative scenario Above 1.3235 look for further upside with 1.3255 & 1.3275 as targets...

Pivot (invalidation): 1.0050 Our preference Long positions above 1.0050 with targets at 1.0075 & 1.0090 in extension. Alternative scenario Below 1.0050 look for further downside with 1.0030 & 1.0010 as targets...

Pivot (invalidation): 110.45 Our preference Long positions above 110.45 with targets at 110.85 & 111.00 in extension. Alternative scenario Below 110.45 look for further downside with 110.30 & 110.15 as targets...

Pivot (invalidation): 1.2880 Our preference Long positions above 1.2880 with targets at 1.2925 & 1.2940 in extension. Alternative scenario Below 1.2880 look for further downside with 1.2860 & 1.2840 as targets...

Pivot (invalidation): 1.1315 Our preference Long positions above 1.1315 with targets at 1.1350 & 1.1370 in extension. Alternative scenario Below 1.1315 look for further downside with 1.1300 & 1.1285 as targets...

Trade talks resumed on Monday and appear to be on a good track...

Brexit is going down to the wire. We are hurtling towards 29 March with scant evidence the EU-UK are closer to resolution. Political brinkmanship has damaged GBP (although Euro has not performed well either), with traders selling upticks and buying low volatility...