Jiming Huang / Profile

Pivot (invalidation): 1.3525 Our preference Long positions above 1.3525 with targets at 1.3570 & 1.3590 in extension. Alternative scenario Below 1.3525 look for further downside with 1.3505 & 1.3485 as targets...

Pivot (invalidation): 0.9455 Our preference Short positions below 0.9455 with targets at 0.9425 & 0.9415 in extension. Alternative scenario Above 0.9455 look for further upside with 0.9470 & 0.9495 as targets...

Pivot (invalidation): 106.35 Our preference Long positions above 106.35 with targets at 106.70 & 106.85 in extension. Alternative scenario Below 106.35 look for further downside with 106.20 & 106.05 as targets...

Pivot (invalidation): 1.2535 Our preference Short positions below 1.2535 with targets at 1.2495 & 1.2470 in extension. Alternative scenario Above 1.2535 look for further upside with 1.2560 & 1.2585 as targets...

Pivot (invalidation): 1.1345 Our preference Short positions below 1.1345 with targets at 1.1300 & 1.1280 in extension. Alternative scenario Above 1.1345 look for further upside with 1.1375 & 1.1400 as targets...

The EURUSD rebounded a touch above 1.1160, the critical Fibonacci support, and extended gains to 1.1280 in Asia. Technically, the pair remains in the mid-term bullish trend above this level. Cable tested the 1.25 offers after having dipped at 1.2335 on Monday...

There is not much happening in the markets. News that new coronavirus cases continue surging, especially in South America, continues to be a cause for concern, which firms demand in technology stocks. There is decreased appetite for cyclical sectors, such as financials and energy...

Pivot (invalidation): 41.25 Our preference Short positions below 41.25 with targets at 39.40 & 38.80 in extension. Alternative scenario Above 41.25 look for further upside with 41.75 & 42.40 as targets...

Pivot (invalidation): 17.6400 Our preference Long positions above 17.6400 with targets at 17.8800 & 18.0300 in extension. Alternative scenario Below 17.6400 look for further downside with 17.5400 & 17.4300 as targets...

Pivot (invalidation): 1744.00 Our preference Long positions above 1744.00 with targets at 1763.50 & 1775.00 in extension. Alternative scenario Below 1744.00 look for further downside with 1733.00 & 1725.00 as targets...

Pivot (invalidation): 3077.00 Our preference Long positions above 3077.00 with targets at 3154.00 & 3184.00 in extension. Alternative scenario Below 3077.00 look for further downside with 3017.00 & 2965.00 as targets...

Pivot (invalidation): 12330.00 Our preference Short positions below 12330.00 with targets at 12157.00 & 12040.00 in extension. Alternative scenario Above 12330.00 look for further upside with 12400.00 & 12480.00 as targets...

Pivot (invalidation): 6.8350 Our preference Long positions above 6.8350 with targets at 6.8580 & 6.8720 in extension. Alternative scenario Below 6.8350 look for further downside with 6.8250 & 6.8140 as targets...

Pivot (invalidation): 0.6900 Our preference Long positions above 0.6900 with targets at 0.6935 & 0.6960 in extension. Alternative scenario Below 0.6900 look for further downside with 0.6855 & 0.6835 as targets...

Pivot (invalidation): 1.3550 Our preference Short positions below 1.3550 with targets at 1.3495 & 1.3480 in extension. Alternative scenario Above 1.3550 look for further upside with 1.3570 & 1.3590 as targets...

Pivot (invalidation): 0.9495 Our preference Short positions below 0.9495 with targets at 0.9460 & 0.9435 in extension. Alternative scenario Above 0.9495 look for further upside with 0.9510 & 0.9525 as targets...

Pivot (invalidation): 107.00 Our preference Long positions above 107.00 with targets at 107.30 & 107.45 in extension. Alternative scenario Below 107.00 look for further downside with 106.85 & 106.70 as targets...

Pivot (invalidation): 1.2455 Our preference Long positions above 1.2455 with targets at 1.2505 & 1.2530 in extension. Alternative scenario Below 1.2455 look for further downside with 1.2435 & 1.2410 as targets...

Pivot (invalidation): 1.1250 Our preference Long positions above 1.1250 with targets at 1.1280 & 1.1300 in extension. Alternative scenario Below 1.1250 look for further downside with 1.1230 & 1.1205 as targets...

Demand in US treasuries and the dollar remains firm as we see a pause in the rising trend across the global equity indices. The US 10-year yield stands below the 0.70% mark. The yen and the Swiss franc continue collecting the safe haven inflows...