Jiming Huang / Profile

Pivot (invalidation): 105.35 Our preference Long positions above 105.35 with targets at 105.65 & 105.80 in extension. Alternative scenario Below 105.35 look for further downside with 105.20 & 105.05 as targets...

Pivot (invalidation): 1.2910 Our preference Long positions above 1.2910 with targets at 1.2980 & 1.3010 in extension. Alternative scenario Below 1.2910 look for further downside with 1.2890 & 1.2860 as targets...

Pivot (invalidation): 1.1715 Our preference Long positions above 1.1715 with targets at 1.1740 & 1.1755 in extension. Alternative scenario Below 1.1715 look for further downside with 1.1700 & 1.1685 as targets...

In the commodity market, oil prices have tumbled over 3.5% after losing over 3.7% on Thursday. Crude prices are under pressure amid demand worries as the number of COVID infections continues to increase worldwide, forcing many states to impose lockdowns...

US stocks closed higher on Thursday for a second straight session, but that was possible thanks to an initial surge driven by stimulus hopes. After US House Speaker Nancy Pelosi criticized the counteroffer made by the Trump administration, which seeks a $1...

Pivot (invalidation): 39.70 Our preference Long positions above 39.70 with targets at 40.35 & 40.80 in extension. Alternative scenario Below 39.70 look for further downside with 39.25 & 38.70 as targets...

Pivot (invalidation): 23.6700 Our preference Short positions below 23.6700 with targets at 23.1100 & 22.8200 in extension. Alternative scenario Above 23.6700 look for further upside with 23.9500 & 24.1100 as targets...

Pivot (invalidation): 1895.00 Our preference Short positions below 1895.00 with targets at 1880.00 & 1875.00 in extension. Alternative scenario Above 1895.00 look for further upside with 1902.00 & 1907.00 as targets...

Pivot (invalidation): 3393.00 Our preference Short positions below 3393.00 with targets at 3305.00 & 3255.00 in extension. Alternative scenario Above 3393.00 look for further upside with 3428.00 & 3475.00 as targets...

Pivot (invalidation): 13000.00 Our preference Short positions below 13000.00 with targets at 12670.00 & 12470.00 in extension. Alternative scenario Above 13000.00 look for further upside with 13110.00 & 13260.00 as targets...

Pivot (invalidation): 7.7450 Our preference Short positions below 7.7450 with targets at 7.6870 & 7.6510 in extension. Alternative scenario Above 7.7450 look for further upside with 7.7970 & 7.8570 as targets...

Pivot (invalidation): 0.7150 Our preference Long positions above 0.7150 with targets at 0.7200 & 0.7220 in extension. Alternative scenario Below 0.7150 look for further downside with 0.7130 & 0.7105 as targets...

Pivot (invalidation): 1.3330 Our preference Short positions below 1.3330 with targets at 1.3255 & 1.3230 in extension. Alternative scenario Above 1.3330 look for further upside with 1.3350 & 1.3370 as targets...

Pivot (invalidation): 0.9215 Our preference Short positions below 0.9215 with targets at 0.9180 & 0.9160 in extension. Alternative scenario Above 0.9215 look for further upside with 0.9245 & 0.9270 as targets...

Pivot (invalidation): 105.60 Our preference Short positions below 105.60 with targets at 105.35 & 105.20 in extension. Alternative scenario Above 105.60 look for further upside with 105.80 & 106.00 as targets...

Pivot (invalidation): 1.2895 Our preference Long positions above 1.2895 with targets at 1.2980 & 1.3000 in extension. Alternative scenario Below 1.2895 look for further downside with 1.2875 & 1.2840 as targets...

EUR/USD Further advance. Pivot (invalidation): 1.1715 Our preference Long positions above 1.1715 with targets at 1.1755 & 1.1775 in extension. Alternative scenario...

In the commodity market, oil prices are mixed but steady on Thursday, as renewed hopes for US stimulus are supporting the market. However, the persistent worries about fuel demand are putting pressure. At the time of writing, WTI is down 0.15% to $40.45 but Brent is up 0.57% to $42.55...

Wall Street closed higher on Wednesday, reversing previous losses. Equities reacted to increased hopes that the Congress would reach consensus on further stimulus, as talks continue. Still, the focus is on a new relief package instead of Democrats’ $2.4 trillion stimulus proposal...

Pivot (invalidation): 39.70 Our preference Long positions above 39.70 with targets at 40.35 & 40.80 in extension. Alternative scenario Below 39.70 look for further downside with 39.25 & 38.70 as targets...