Jiming Huang / Perfil

Pivot (invalidation): 0.9945 Our preference Short positions below 0.9945 with targets at 0.9915 & 0.9900 in extension. Alternative scenario Above 0.9945 look for further upside with 0.9960 & 0.9975 as targets...

Pivot (invalidation): 108.55 Our preference Short positions below 108.55 with targets at 108.15 & 107.95 in extension. Alternative scenario Above 108.55 look for further upside with 108.70 & 108.80 as targets...

Pivot (invalidation): 1.2690 Our preference Short positions below 1.2690 with targets at 1.2665 & 1.2650 in extension. Alternative scenario Above 1.2690 look for further upside with 1.2705 & 1.2715 as targets...

Pivot (invalidation): 1.1290 Our preference Short positions below 1.1290 with targets at 1.1265 & 1.1250 in extension. Alternative scenario Above 1.1290 look for further upside with 1.1305 & 1.1325 as targets...

Even stretched, we doubt that today’s SNB Monetary policy assessment and following press conference will have any profound or global ramifications. The small, open Alpine country is at the mercy of larger superpowers. Policy setting in a purely reactionary position...

Pivot (invalidation): 51.70 Our preference Short positions below 51.70 with targets at 50.75 & 50.00 in extension. Alternative scenario Above 51.70 look for further upside with 52.40 & 52.80 as targets...

Pivot (invalidation): 14.7100 Our preference Long positions above 14.7100 with targets at 14.8700 & 14.9400 in extension. Alternative scenario Below 14.7100 look for further downside with 14.6300 & 14.5500 as targets...

Pivot (invalidation): 1331.50 Our preference Long positions above 1331.50 with targets at 1341.50 & 1346.00 in extension. Alternative scenario Below 1331.50 look for further downside with 1326.50 & 1323.00 as targets...

Pivot (invalidation): 2902.50 Our preference Short positions below 2902.50 with targets at 2871.50 & 2851.50 in extension. Alternative scenario Above 2902.50 look for further upside with 2913.25 & 2935.25 as targets...

Pivot (invalidation): 12177.00 Our preference Short positions below 12177.00 with targets at 12030.00 & 11980.00 in extension. Alternative scenario Above 12177.00 look for further upside with 12230.00 & 12280.00 as targets...

Pivot (invalidation): 5.7760 Our preference Long positions above 5.7760 with targets at 5.8290 & 5.8570 in extension. Alternative scenario Below 5.7760 look for further downside with 5.7500 & 5.7280 as targets...

Pivot (invalidation): 0.6935 Our preference Short positions below 0.6935 with targets at 0.6900 & 0.6880 in extension. Alternative scenario Above 0.6935 look for further upside with 0.6950 & 0.6965 as targets...

Pivot (invalidation): 1.3305 Our preference Long positions above 1.3305 with targets at 1.3360 & 1.3380 in extension. Alternative scenario Below 1.3305 look for further downside with 1.3270 & 1.3245 as targets...

Pivot (invalidation): 0.9925 Our preference Long positions above 0.9925 with targets at 0.9965 & 0.9995 in extension. Alternative scenario Below 0.9925 look for further downside with 0.9900 & 0.9880 as targets...

Pivot (invalidation): 108.55 Our preference Short positions below 108.55 with targets at 108.15 & 107.95 in extension. Alternative scenario Above 108.55 look for further upside with 108.70 & 108.80 as targets...

Pivot (invalidation): 1.2710 Our preference Short positions below 1.2710 with targets at 1.2680 & 1.2665 in extension. Alternative scenario Above 1.2710 look for further upside with 1.2730 & 1.2760 as targets...

Pivot (invalidation): 1.1310 Our preference Short positions below 1.1310 with targets at 1.1280 & 1.1270 in extension. Alternative scenario Above 1.1310 look for further upside with 1.1325 & 1.1340 as targets...

After rallying to a monthly high on Tuesday, equity markets consolidated on Wednesday. Front month futures on the S&P 500 stabilised above the 2,880 points, down 0.23% on the session, while in the Europe EuroSTOXX 50 futures edged down 0.29% to 3,391 points...

Demonstrations in Hong Kong over the extradition bill might be overshadowed by activity in the local FX market. Hong Kong dollar has risen to its strongest level against the USD in today trading at HIBOR has surged...

Pivot (invalidation): 53.05 Our preference Short positions below 53.05 with targets at 51.80 & 51.30 in extension. Alternative scenario Above 53.05 look for further upside with 53.60 & 53.90 as targets...