Jiming Huang / Profile

Pivot (invalidation): 0.9785 Our preference Short positions below 0.9785 with targets at 0.9740 & 0.9725 in extension. Alternative scenario Above 0.9785 look for further upside with 0.9815 & 0.9835 as targets...

Pivot (invalidation): 111.10 Our preference Long positions above 111.10 with targets at 111.35 & 111.50 in extension. Alternative scenario Below 111.10 look for further downside with 110.95 & 110.70 as targets...

Pivot (invalidation): 1.2885 Our preference Short positions below 1.2885 with targets at 1.2850 & 1.2830 in extension. Alternative scenario Above 1.2885 look for further upside with 1.2910 & 1.2935 as targets...

Pivot (invalidation): 1.1680 Our preference Long positions above 1.1680 with targets at 1.1710 & 1.1730 in extension. Alternative scenario Below 1.1680 look for further downside with 1.1655 & 1.1630 as targets...

Pivot (invalidation): 6795 Our preference Long positions above 6795 with targets at 6955 & 7065 in extension. Alternative scenario Below 6795 look for further downside with 6700 & 6585 as targets...

Pivot (invalidation): 68.50 Our preference Long positions above 68.50 with targets at 69.30 & 69.65 in extension. Alternative scenario Below 68.50 look for further downside with 68.10 & 67.45 as targets...

Pivot (invalidation): 14.7500 Our preference Long positions above 14.7500 with targets at 14.9200 & 14.9800 in extension. Alternative scenario Below 14.7500 look for further downside with 14.6000 & 14.5000 as targets...

Pivot (invalidation): 1203.00 Our preference Long positions above 1203.00 with targets at 1212.50 & 1217.00 in extension. Alternative scenario Below 1203.00 look for further downside with 1196.50 & 1192.50 as targets...

Pivot (invalidation): 1.1425 Our preference Long positions above 1.1425 with targets at 1.1460 & 1.1485 in extension. Alternative scenario Below 1.1425 look for further downside with 1.1410 & 1.1390 as targets...

Pivot (invalidation): 0.9050 Our preference Long positions above 0.9050 with targets at 0.9080 & 0.9095 in extension. Alternative scenario Below 0.9050 look for further downside with 0.9035 & 0.9020 as targets...

Pivot (invalidation): 0.7325 Our preference Long positions above 0.7325 with targets at 0.7355 & 0.7370 in extension. Alternative scenario Below 0.7325 look for further downside with 0.7305 & 0.7285 as targets...

Pivot (invalidation): 1.3000 Our preference Short positions below 1.3000 with targets at 1.2945 & 1.2920 in extension. Alternative scenario Above 1.3000 look for further upside with 1.3035 & 1.3070 as targets...

Pivot (invalidation): 0.9815 Our preference Short positions below 0.9815 with targets at 0.9785 & 0.9765 in extension. Alternative scenario Above 0.9815 look for further upside with 0.9845 & 0.9865 as targets...

Pivot (invalidation): 111.10 Our preference Long positions above 111.10 with targets at 111.50 & 111.75 in extension. Alternative scenario Below 111.10 look for further downside with 110.70 & 110.35 as targets...

Pivot (invalidation): 1.2865 Our preference Long positions above 1.2865 with targets at 1.2910 & 1.2935 in extension. Alternative scenario Below 1.2865 look for further downside with 1.2835 & 1.2815 as targets...

Pivot (invalidation): 1.1655 Our preference Long positions above 1.1655 with targets at 1.1720 & 1.1740 in extension. Alternative scenario Below 1.1655 look for further downside with 1.1610 & 1.1590 as targets...

At record highs, USD/INR is trading sideways since its rise above 70 in mid-August, easing back to 69.91 last Friday as US Federal Reserve Chairman Jerome Powell confirmed a “slow and gradual” pace of rate hikes, thus softening the USD...

Two concerns pose downside risk to the optimistic outlook of the US Federal Reserve Bank. First is trade tension. America imposed tariffs on $16 billion of Chinese imports and China quickly retaliated. Yet a breakthrough in NAFTA negotiation between Mexico and the US seems likely...

Pivot (invalidation): 6630 Our preference Long positions above 6630 with targets at 6760 & 6805 in extension. Alternative scenario Below 6630 look for further downside with 6585 & 6485 as targets...

Pivot (invalidation): 68.90 Our preference Short positions below 68.90 with targets at 68.25 & 67.95 in extension. Alternative scenario Above 68.90 look for further upside with 69.30 & 69.65 as targets...