Jiming Huang / Perfil

Pivot (invalidation): 1.1190 Our preference Long positions above 1.1190 with targets at 1.1230 & 1.1250 in extension. Alternative scenario Below 1.1190 look for further downside with 1.1170 & 1.1150 as targets...

Constructive developments on Aussie are reversing as trade tensions intensify...

After a stormy start into the week, financial markets stabilized somewhat on Tuesday morning. Asian equities closed the gap with their European and US counterparts with the Nikkei sliding 0.65% to 20,585 points and the CSI 300 tumbling 1.07% to 3,636...

Pivot (invalidation): 54.25 Our preference Long positions above 54.25 with targets at 56.05 & 56.50 in extension. Alternative scenario Below 54.25 look for further downside with 53.60 & 53.25 as targets...

Pivot (invalidation): 16.3500 Our preference Long positions above 16.3500 with targets at 16.5400 & 16.6500 in extension. Alternative scenario Below 16.3500 look for further downside with 16.2400 & 16.1000 as targets...

Pivot (invalidation): 1459.00 Our preference Long positions above 1459.00 with targets at 1475.00 & 1488.00 in extension. Alternative scenario Below 1459.00 look for further downside with 1452.00 & 1445.00 as targets...

Pivot (invalidation): 2877.00 Our preference Short positions below 2877.00 with targets at 2805.00 & 2780.00 in extension. Alternative scenario Above 2877.00 look for further upside with 2900.00 & 2930.00 as targets...

Pivot (invalidation): 11735.00 Our preference Short positions below 11735.00 with targets at 11620.00 & 11570.00 in extension. Alternative scenario Above 11735.00 look for further upside with 11870.00 & 11970.00 as targets...

Pivot (invalidation): 5.5910 Our preference Short positions below 5.5910 with targets at 5.5460 & 5.5230 in extension. Alternative scenario Above 5.5910 look for further upside with 5.6210 & 5.6450 as targets...

Pivot (invalidation): 0.6760 Our preference Long positions above 0.6760 with targets at 0.6805 & 0.6820 in extension. Alternative scenario Below 0.6760 look for further downside with 0.6745 & 0.6720 as targets...

Pivot (invalidation): 1.3225 Our preference Short positions below 1.3225 with targets at 1.3170 & 1.3130 in extension. Alternative scenario Above 1.3225 look for further upside with 1.3245 & 1.3265 as targets...

Pivot (invalidation): 0.9740 Our preference Short positions below 0.9740 with targets at 0.9700 & 0.9685 in extension. Alternative scenario Above 0.9740 look for further upside with 0.9760 & 0.9780 as targets...

Pivot (invalidation): 105.80 Our preference Long positions above 105.80 with targets at 106.65 & 107.00 in extension. Alternative scenario Below 105.80 look for further downside with 105.55 & 105.30 as targets...

Pivot (invalidation): 1.2135 Our preference Long positions above 1.2135 with targets at 1.2190 & 1.2205 in extension. Alternative scenario Below 1.2135 look for further downside with 1.2120 & 1.2100 as targets...

Pivot (invalidation): 1.1210 Our preference Long positions above 1.1210 with targets at 1.1250 & 1.1265 in extension. Alternative scenario Below 1.1210 look for further downside with 1.1190 & 1.1170 as targets...

US President Trump's plan to tariff the last tranche of untaxed Chinese imports by 10%, starting on 1 September, escalates the level of tensions between the two countries. We expect a measured response from China, with retaliation involving a mix of more tariffs and non-tariff measures...

Chinese yuan breach of long-defended landmark 7 to the greenback is finally over, a trend that genuinely confirms Chinese authorities’ willingness to support economic growth and financial stability in a context of worsening trade with the United States...

Pivot (invalidation): 55.85 Our preference Short positions below 55.85 with targets at 54.75 & 54.15 in extension. Alternative scenario Above 55.85 look for further upside with 56.60 & 57.20 as targets...

Pivot (invalidation): 16.2500 Our preference Long positions above 16.2500 with targets at 16.5100 & 16.6500 in extension. Alternative scenario Below 16.2500 look for further downside with 16.1000 & 15.9800 as targets...

Pivot (invalidation): 1442.00 Our preference Long positions above 1442.00 with targets at 1462.00 & 1470.00 in extension. Alternative scenario Below 1442.00 look for further downside with 1436.00 & 1430.00 as targets...