Jiming Huang / Profile

Pivot (invalidation): 15.3400 Our preference Long positions above 15.3400 with targets at 15.4700 & 15.5100 in extension. Alternative scenario Below 15.3400 look for further downside with 15.3000 & 15.2600 as targets...

Pivot (invalidation): 1210.50 Our preference Long positions above 1210.50 with targets at 1214.00 & 1216.00 in extension. Alternative scenario Below 1210.50 look for further downside with 1208.00 & 1206.00 as targets...

Pivot (invalidation): 1.1485 Our preference Short positions below 1.1485 with targets at 1.1445 & 1.1420 in extension. Alternative scenario Above 1.1485 look for further upside with 1.1510 & 1.1535 as targets...

Pivot (invalidation): 0.9005 Our preference Short positions below 0.9005 with targets at 0.8965 & 0.8945 in extension. Alternative scenario Above 0.9005 look for further upside with 0.9030 & 0.9045 as targets...

Pivot (invalidation): 0.7395 Our preference Short positions below 0.7395 with targets at 0.7355 & 0.7330 in extension. Alternative scenario Above 0.7395 look for further upside with 0.7410 & 0.7430 as targets...

Pivot (invalidation): 1.3025 Our preference Long positions above 1.3025 with targets at 1.3065 & 1.3095 in extension. Alternative scenario Below 1.3025 look for further downside with 1.3000 & 1.2975 as targets...

Pivot (invalidation): 0.9920 Our preference Long positions above 0.9920 with targets at 0.9950 & 0.9970 in extension. Alternative scenario Below 0.9920 look for further downside with 0.9900 & 0.9890 as targets...

Pivot (invalidation): 111.20 Our preference Short positions below 111.20 with targets at 110.85 & 110.70 in extension. Alternative scenario Above 111.20 look for further upside with 111.45 & 111.60 as targets...

Pivot (invalidation): 1.2860 Our preference Short positions below 1.2860 with targets at 1.2800 & 1.2770 in extension. Alternative scenario Above 1.2860 look for further upside with 1.2900 & 1.2930 as targets...

Pivot (invalidation): 1.1550 Our preference Short positions below 1.1550 with targets at 1.1510 & 1.1490 in extension. Alternative scenario Above 1.1550 look for further upside with 1.1575 & 1.1600 as targets...

API estimates and lower inventories from EIA (-1.35 million barrels vs consensus: 2.16 million) for the week ending in 3...

After extending gains on hope that the RBNZ would adopt a more positive on the inflation outlook, the Kiwi fell sharply on Thursday morning and reached its lowest level in more than two years (lowest since March 2016). After climbing as high as $0.6762 yesterday, NZD/USD slid 1...

Pivot (invalidation): 6430 Our preference Short positions below 6430 with targets at 6100 & 5800 in extension. Alternative scenario Above 6430 look for further upside with 6630 & 6840 as targets...

Pivot (invalidation): 66.30 Our preference Long positions above 66.30 with targets at 67.45 & 68.00 in extension. Alternative scenario Below 66.30 look for further downside with 65.75 & 65.35 as targets...

Pivot (invalidation): 15.3500 Our preference Long positions above 15.3500 with targets at 15.4800 & 15.5300 in extension. Alternative scenario Below 15.3500 look for further downside with 15.3000 & 15.2500 as targets...

Pivot (invalidation): 1215.50 Our preference Short positions below 1215.50 with targets at 1210.50 & 1208.00 in extension. Alternative scenario Above 1215.50 look for further upside with 1218.00 & 1220.00 as targets...

Pivot (invalidation): 1.1540 Our preference Short positions below 1.1540 with targets at 1.1520 & 1.1505 in extension. Alternative scenario Above 1.1540 look for further upside with 1.1555 & 1.1570 as targets...

Pivot (invalidation): 0.9000 Our preference Long positions above 0.9000 with targets at 0.9045 & 0.9065 in extension. Alternative scenario Below 0.9000 look for further downside with 0.8985 & 0.8965 as targets...

Pivot (invalidation): 0.7415 Our preference Long positions above 0.7415 with targets at 0.7465 & 0.7490 in extension. Alternative scenario Below 0.7415 look for further downside with 0.7400 & 0.7380 as targets...

Pivot (invalidation): 1.3030 Our preference Short positions below 1.3030 with targets at 1.3000 & 1.2975 in extension. Alternative scenario Above 1.3030 look for further upside with 1.3075 & 1.3095 as targets...