Jiming Huang / Profil

Pivot (invalidation): 0.9985 Our preference Short positions below 0.9985 with targets at 0.9945 & 0.9925 in extension. Alternative scenario Above 0.9985 look for further upside with 1.0005 & 1.0025 as targets...

Pivot (invalidation): 113.05 Our preference Short positions below 113.05 with targets at 112.60 & 112.30 in extension. Alternative scenario Above 113.05 look for further upside with 113.25 & 113.50 as targets...

Pivot (invalidation): 1.2760 Our preference Short positions below 1.2760 with targets at 1.2705 & 1.2670 in extension. Alternative scenario Above 1.2760 look for further upside with 1.2800 & 1.2840 as targets...

Pivot (invalidation): 1.1360 Our preference Short positions below 1.1360 with targets at 1.1330 & 1.1310 in extension. Alternative scenario Above 1.1360 look for further upside with 1.1380 & 1.1410 as targets...

Ahead of next Tuesday’s vote on Brexit, we expect the British pound to remain under pressure and highly sensitive to headlines. Short-term, we expect EUR/GBP, currently trading at 0.8906, to head along 0.8889. Parliamentary debate has intensified. Support for Prime Minister May is weakening...

Asian equities tumbled, partially erasing gains from Monday’s euphoria over what seemed to be a trade truce between China and the USA. Hardest hit is the Hong Kong Hang Seng index, -1.62%, while Australian ASX 200 and South Korean Kospi declined by 0.78% and 0.62...

Pivot (invalidation): 53.35 Our preference Short positions below 53.35 with targets at 51.60 & 50.75 in extension. Alternative scenario Above 53.35 look for further upside with 54.55 & 55.50 as targets...

Pivot (invalidation): 14.5400 Our preference Short positions below 14.5400 with targets at 14.3400 & 14.2700 in extension. Alternative scenario Above 14.5400 look for further upside with 14.6500 & 14.7200 as targets...

Pivot (invalidation): 1239.50 Our preference Short positions below 1239.50 with targets at 1232.00 & 1228.00 in extension. Alternative scenario Above 1239.50 look for further upside with 1242.00 & 1244.50 as targets...

Pivot (invalidation): 2732.00 Our preference Short positions below 2732.00 with targets at 2680.00 & 2650.00 in extension. Alternative scenario Above 2732.00 look for further upside with 2754.00 & 2795.00 as targets...

Pivot (invalidation): 11255.00 Our preference Long positions above 11255.00 with targets at 11465.00 & 11530.00 in extension. Alternative scenario Below 11255.00 look for further downside with 11190.00 & 11091.00 as targets...

Pivot (invalidation): 5.3430 Our preference Long positions above 5.3430 with targets at 5.4210 & 5.4570 in extension. Alternative scenario Below 5.3430 look for further downside with 5.2830 & 5.2290 as targets...

Pivot (invalidation): 0.7325 Our preference Short positions below 0.7325 with targets at 0.7260 & 0.7230 in extension. Alternative scenario Above 0.7325 look for further upside with 0.7355 & 0.7375 as targets...

Pivot (invalidation): 1.3245 Our preference Long positions above 1.3245 with targets at 1.3300 & 1.3335 in extension. Alternative scenario Below 1.3245 look for further downside with 1.3220 & 1.3200 as targets...

Pivot (invalidation): 0.9965 Our preference Long positions above 0.9965 with targets at 1.0005 & 1.0025 in extension. Alternative scenario Below 0.9965 look for further downside with 0.9945 & 0.9925 as targets...

Pivot (invalidation): 112.65 Our preference Long positions above 112.65 with targets at 113.15 & 113.40 in extension. Alternative scenario Below 112.65 look for further downside with 112.45 & 112.30 as targets...

Pivot (invalidation): 1.2730 Our preference Short positions below 1.2730 with targets at 1.2680 & 1.2660 in extension. Alternative scenario Above 1.2730 look for further upside with 1.2755 & 1.2790 as targets...

Pivot (invalidation): 1.1350 Our preference Short positions below 1.1350 with targets at 1.1315 & 1.1300 in extension. Alternative scenario Above 1.1350 look for further upside with 1.1380 & 1.1410 as targets...

Asian equities lost steam, as optimism over US-China trade softens. Japan’s Nikkei 225 is closing at -2.39% while Australian ASX 200 and South Korean Kospi indexes closed at -1.01% and -0.12% respectively. Hong Kong’s Hang Seng improved by +0.29% while China mainland CSI 300 gained +0.21...

Switzerland’s headline inflation missed expectation in November. The consumer price index rose only 0.9%y/y, following an uptick of 1.1% in the previous month, while market participants anticipated an increase of 1%y/y. This is the lowest reading since April 2018, when inflation rose 0.8%y/y...