Jiming Huang / Profile

Pivot (invalidation): 108.75 Our preference Short positions below 108.75 with targets at 108.30 & 108.10 in extension. Alternative scenario Above 108.75 look for further upside with 109.00 & 109.45 as targets...

Pivot (invalidation): 1.2820 Our preference Long positions above 1.2820 with targets at 1.2890 & 1.2930 in extension. Alternative scenario Below 1.2820 look for further downside with 1.2770 & 1.2730 as targets...

Pivot (invalidation): 1.1430 Our preference Short positions below 1.1430 with targets at 1.1380 & 1.1345 in extension. Alternative scenario Above 1.1430 look for further upside with 1.1460 & 1.1490 as targets...

Chinese officials confirmed further monetary easing to support economic growth, including tax stimuli and credits – and this pleased investors...

Tonight will see the UK House of Commons vote on Prime Minister Theresa May’s proposed Withdrawal Agreement at about 7 pm London time. We expect a refusal. If May is rebuffed enough, we could see vote of no confidence against the government or May’s resignation...

o Pivot (invalidation): 51.40 Our preference Short positions below 51.40 with targets at 50.20 & 49.30 in extension. Alternative scenario...

Pivot (invalidation): 15.6000 Our preference Long positions above 15.6000 with targets at 15.7200 & 15.7800 in extension. Alternative scenario Below 15.6000 look for further downside with 15.5200 & 15.4500 as targets...

Pivot (invalidation): 1289.00 Our preference Long positions above 1289.00 with targets at 1295.00 & 1297.00 in extension. Alternative scenario Below 1289.00 look for further downside with 1287.00 & 1285.50 as targets...

Pivot (invalidation): 2545.00 Our preference Long positions above 2545.00 with targets at 2636.00 & 2685.00 in extension. Alternative scenario Below 2545.00 look for further downside with 2520.00 & 2473.00 as targets...

Pivot (invalidation): 10940.00 Our preference Short positions below 10940.00 with targets at 10784.00 & 10710.00 in extension. Alternative scenario Above 10940.00 look for further upside with 11000.00 & 11055.00 as targets...

Pivot (invalidation): 5.4780 Our preference Short positions below 5.4780 with targets at 5.4250 & 5.4100 in extension. Alternative scenario Above 5.4780 look for further upside with 5.5030 & 5.5450 as targets...

Pivot (invalidation): 0.7200 Our preference Long positions above 0.7200 with targets at 0.7235 & 0.7250 in extension. Alternative scenario Below 0.7200 look for further downside with 0.7185 & 0.7170 as targets...

Pivot (invalidation): 1.3250 Our preference Long positions above 1.3250 with targets at 1.3300 & 1.3325 in extension. Alternative scenario Below 1.3250 look for further downside with 1.3220 & 1.3195 as targets...

Pivot (invalidation): 0.9820 Our preference Short positions below 0.9820 with targets at 0.9795 & 0.9770 in extension. Alternative scenario Above 0.9820 look for further upside with 0.9835 & 0.9855 as targets...

Pivot (invalidation): 108.35 Our preference Long positions above 108.35 with targets at 108.60 & 108.80 in extension. Alternative scenario Below 108.35 look for further downside with 108.10 & 107.95 as targets...

Pivot (invalidation): 1.2850 Our preference Long positions above 1.2850 with targets at 1.2930 & 1.2975 in extension. Alternative scenario Below 1.2850 look for further downside with 1.2815 & 1.2780 as targets...

Pivot (invalidation): 1.1465 Our preference Long positions above 1.1465 with targets at 1.1505 & 1.1515 in extension. Alternative scenario Below 1.1465 look for further downside with 1.1450 & 1.1435 as targets...

As a vote on the EU Withdrawal Agreement nears, Prime Minister May’s proposal looks likely to lose. Despite her efforts to wring concessions from Brussels, Members of Parliament are overwhelmingly against her Brexit option...

US-Chinese trade talks ended and optimism about the outcome sent the Chinese yuan higher and the US dollar lower yesterday afternoon...

Pivot (invalidation): 52.10 Our preference Short positions below 52.10 with targets at 50.20 & 49.50 in extension. Alternative scenario Above 52.10 look for further upside with 52.90 & 53.35 as targets...