Jiming Huang / Perfil

Pivot (invalidation): 1.0885 Our preference Short positions below 1.0885 with targets at 1.0840 & 1.0815 in extension. Alternative scenario...

Moving to the economic calendar, Australia printed its highest quarterly inflation in five years. Consumer prices in Australia rose 2.2% in the first quarter of 2020 as wildfires and early effects of coronavirus outbreak led to a significant jump in food prices...

Major US stock indices closed slightly lower on Tuesday following a turbulent session, as technology stocks led losses with Nasdaq down by 1.40...

Pivot (invalidation): 12.60 Our preference Long positions above 12.60 with targets at 14.80 & 15.65 in extension. Alternative scenario...

Pivot (invalidation): 15.0300 Our preference Long positions above 15.0300 with targets at 15.3300 & 15.4400 in extension. Alternative scenario...

Pivot (invalidation): 1701.00 Our preference Long positions above 1701.00 with targets at 1714.50 & 1723.00 in extension. Alternative scenario...

Pivot (invalidation): 2840.00 Our preference Long positions above 2840.00 with targets at 2921.00 & 2971.00 in extension. Alternative scenario...

Pivot (invalidation): 10630.00 Our preference Long positions above 10630.00 with targets at 10900.00 & 11000.00 in extension. Alternative scenario...

Pivot (invalidation): 6.9990 Our preference Short positions below 6.9990 with targets at 6.9750 & 6.9620 in extension. Alternative scenario...

Pivot (invalidation): 0.6485 Our preference Long positions above 0.6485 with targets at 0.6545 & 0.6575 in extension. Alternative scenario...

Pivot (invalidation): 1.4000 Our preference Short positions below 1.4000 with targets at 1.3895 & 1.3860 in extension. Alternative scenario...

Pivot (invalidation): 0.9750 Our preference Short positions below 0.9750 with targets at 0.9715 & 0.9700 in extension. Alternative scenario...

Pivot (invalidation): 106.90 Our preference Short positions below 106.90 with targets at 106.35 & 106.15 in extension. Alternative scenario...

Pivot (invalidation): 1.2420 Our preference Long positions above 1.2420 with targets at 1.2510 & 1.2530 in extension. Alternative scenario...

Pivot (invalidation): 1.0815 Our preference Long positions above 1.0815 with targets at 1.0870 & 1.0890 in extension...

In the currencies market, the US dollar index strengthened a touch above the 100 mark on the back of fading global risk appetite. The two-day Federal Reserve (Fed) meeting starts today...

US and European equities closed firmly higher on Monday, despite rising anxieties about the GDP data due later this week. Stocks in Asia traded mixed. The Nikkei (-0.28%) and the ASX 200 (-0.50%) retreated, while Shanghai’s Composite (+0.11%) and Hang Seng (+0.77%) recorded moderate gains...

Pivot (invalidation): 15.2200 Our preference Short positions below 15.2200 with targets at 14.9400 & 14.8300 in extension. Alternative scenario...

Pivot (invalidation): 12.40 Our preference Short positions below 12.40 with targets at 10.25 & 8.90 in extension. Alternative scenario...

Pivot (invalidation): 1718.00 Our preference Short positions below 1718.00 with targets at 1688.00 & 1679.00 in extension. Alternative scenario...