Jiming Huang / Profile

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...

Pivot (invalidation): 68.95 Our preference Long positions above 68.95 with targets at 70.15 & 70.60 in extension. Alternative scenario Below 68.95 look for further downside with 68.70 & 68.35 as targets...

Pivot (invalidation): 15.5000 Our preference Short positions below 15.5000 with targets at 15.3000 & 15.2300 in extension. Alternative scenario Above 15.5000 look for further upside with 15.5800 & 15.6600 as targets...

Pivot (invalidation): 1228.50 Our preference Short positions below 1228.50 with targets at 1221.00 & 1218.00 in extension. Alternative scenario Above 1228.50 look for further upside with 1230.50 & 1235.00 as targets...

Pivot (invalidation): 1.1590 Our preference Short positions below 1.1590 with targets at 1.1565 & 1.1545 in extension. Alternative scenario Above 1.1590 look for further upside with 1.1620 & 1.1640 as targets...

Pivot (invalidation): 0.8875 Our preference Long positions above 0.8875 with targets at 0.8895 & 0.8905 in extension. Alternative scenario Below 0.8875 look for further downside with 0.8865 & 0.8855 as targets...

Pivot (invalidation): 0.7410 Our preference Short positions below 0.7410 with targets at 0.7360 & 0.7340 in extension. Alternative scenario Above 0.7410 look for further upside with 0.7430 & 0.7450 as targets...

Pivot (invalidation): 1.3025 Our preference Long positions above 1.3025 with targets at 1.3095 & 1.3130 in extension. Alternative scenario Below 1.3025 look for further downside with 1.2975 & 1.2940 as targets...

Pivot (invalidation): 0.9920 Our preference Long positions above 0.9920 with targets at 0.9950 & 0.9975 in extension. Alternative scenario Below 0.9920 look for further downside with 0.9900 & 0.9880 as targets...

Pivot (invalidation): 110.90 Our preference Long positions above 110.90 with targets at 111.25 & 111.55 in extension. Alternative scenario Below 110.90 look for further downside with 110.55 & 110.35 as targets...

Pivot (invalidation): 1.3135 Our preference Short positions below 1.3135 with targets at 1.3095 & 1.3070 in extension. Alternative scenario Above 1.3135 look for further upside with 1.3175 & 1.3210 as targets...

Pivot (invalidation): 1.1670 Our preference Short positions below 1.1670 with targets at 1.1625 & 1.1600 in extension. Alternative scenario Above 1.1670 look for further upside with 1.1705 & 1.1730 as targets...

Now that Trump and Juncker are friends again, as they pledge to deescalate the trade crisis, the spotlight will inevitably fall on today’s ECB meeting...

US equities had a great deal of relief on news that the US and the EU are holding off from implementing new tariffs and will start negotiations...

Pivot (invalidation): 8060 Our preference Long positions above 8060 with targets at 8330 & 8500 in extension. Alternative scenario Below 8060 look for further downside with 7850 & 7690 as targets...

Pivot (invalidation): 111.10 Our preference Short positions below 111.10 with targets at 110.60 & 110.35 in extension. Alternative scenario Above 111.10 look for further upside with 111.50 & 111.90 as targets...