Jiming Huang / Profile

Pivot (invalidation): 110.90 Our preference Long positions above 110.90 with targets at 111.25 & 111.40 in extension. Alternative scenario Below 110.90 look for further downside with 110.75 & 110.60 as targets...

Pivot (invalidation): 1.3140 Our preference Short positions below 1.3140 with targets at 1.3095 & 1.3080 in extension. Alternative scenario Above 1.3140 look for further upside with 1.3155 & 1.3175 as targets...

Pivot (invalidation): 1.1690 Our preference Long positions above 1.1690 with targets at 1.1720 & 1.1740 in extension. Alternative scenario Below 1.1690 look for further downside with 1.1665 & 1.1645 as targets...

US second quarter GDP growth estimates at 4.10% (expected: 4.20%) annualized q/q from 2% previously, its fastest pace in four years. The strong US growth numbers in Q2 are mainly explained by Trump’s USD 1...

US and Asian stocks market were in risk-off mode recently as central bank decisions are approaching and despite impressive growth numbers from the US economy. The dollar index is falling while US treasuries are declining following recent rise on Friday...

Pivot (invalidation): 7990 Our preference Long positions above 7990 with targets at 8330 & 8500 in extension. Alternative scenario Below 7990 look for further downside with 7795 & 7600 as targets...

Pivot (invalidation): 69.25 Our preference Short positions below 69.25 with targets at 68.70 & 68.25 in extension. Alternative scenario Above 69.25 look for further upside with 69.70 & 69.90 as targets...

Pivot (invalidation): 15.5100 Our preference Short positions below 15.5100 with targets at 15.3400 & 15.3000 in extension. Alternative scenario Above 15.5100 look for further upside with 15.5800 & 15.6700 as targets...

Pivot (invalidation): 1224.00 Our preference Short positions below 1224.00 with targets at 1218.00 & 1215.50 in extension. Alternative scenario Above 1224.00 look for further upside with 1227.50 & 1230.50 as targets...

Pivot (invalidation): 1.1580 Our preference Long positions above 1.1580 with targets at 1.1605 & 1.1620 in extension. Alternative scenario Below 1.1580 look for further downside with 1.1565 & 1.1550 as targets...

Pivot (invalidation): 0.8885 Our preference Long positions above 0.8885 with targets at 0.8900 & 0.8910 in extension. Alternative scenario Below 0.8885 look for further downside with 0.8875 & 0.8865 as targets...

Pivot (invalidation): 0.7380 Our preference Long positions above 0.7380 with targets at 0.7405 & 0.7415 in extension. Alternative scenario Below 0.7380 look for further downside with 0.7365 & 0.7350 as targets...

Pivot (invalidation): 1.3050 Our preference Long positions above 1.3050 with targets at 1.3095 & 1.3130 in extension. Alternative scenario Below 1.3050 look for further downside with 1.3020 & 1.3000 as targets...

Pivot (invalidation): 0.9930 Our preference Long positions above 0.9930 with targets at 0.9965 & 0.9980 in extension. Alternative scenario Below 0.9930 look for further downside with 0.9915 & 0.9900 as targets...

Pivot (invalidation): 110.85 Our preference Long positions above 110.85 with targets at 111.25 & 111.50 in extension. Alternative scenario Below 110.85 look for further downside with 110.60 & 110.35 as targets...

Pivot (invalidation): 1.3080 Our preference Long positions above 1.3080 with targets at 1.3115 & 1.3130 in extension. Alternative scenario Below 1.3080 look for further downside with 1.3060 & 1.3035 as targets...

Pivot (invalidation): 1.1635 Our preference Long positions above 1.1635 with targets at 1.1670 & 1.1695 in extension. Alternative scenario Below 1.1635 look for further downside with 1.1620 & 1.1600 as targets...

Brexit negotiations continue with Theresa May taking control of discussions. As communicated on Tuesday in a ministerial statement, PM May has taken full responsibility for the negotiations with the EU, accompanied by Dominic Raab, her new Brexit Secretary, who replaces David Davis...

As broadly expected, the European Central Bank held interest rates unchanged yesterday. The marginal lending facility and the deposit facility rates will remain at 0.25% and -0.40%, respectively...

Pivot (invalidation): 8175 Our preference Short positions below 8175 with targets at 7690 & 7560 in extension. Alternative scenario Above 8175 look for further upside with 8330 & 8500 as targets...