Jiming Huang / Profil

Pivot (invalidation): 1.3315 Our preference Short positions below 1.3315 with targets at 1.3280 & 1.3265 in extension. Alternative scenario...

Pivot (invalidation): 0.9755 Our preference Long positions above 0.9755 with targets at 0.9790 & 0.9805 in extension. Alternative scenario...

Pivot (invalidation): 109.55 Our preference Long positions above 109.55 with targets at 110.00 & 110.15 in extension. Alternative scenario...

Pivot (invalidation): 1.2920 Our preference Short positions below 1.2920 with targets at 1.2870 & 1.2845 in extension. Alternative scenario...

Pivot (invalidation): 1.0965 Our preference Short positions below 1.0965 with targets at 1.0935 & 1.0910 in extension. Alternative scenario...

US equities recorded timid gains on Thursday, while stocks in Asia edged lower on renewed anxieties about the spreading coronavirus as a Chinese doctor in Wuhan was reported dead and residents were asked to report their temperatures daily...

Even though a solid ADP number doesn’t necessarily predict a strong NFP read, the ADP report has a certain influence on the sentiment before the monthly NFP release, and that sentiment is positive this month. But the bigger picture tells a different story...

Pivot (invalidation): 50.70 Our preference Long positions above 50.70 with targets at 51.75 & 52.20 in extension. Alternative scenario...

Pivot (invalidation): 17.7000 Our preference Long positions above 17.7000 with targets at 17.8800 & 17.9700 in extension. Alternative scenario...

Pivot (invalidation): 1561.00 Our preference Long positions above 1561.00 with targets at 1572.00 & 1579.00 in extension. Alternative scenario...

Pivot (invalidation): 3314.00 Our preference Long positions above 3314.00 with targets at 3353.00 & 3383.00 in extension. Alternative scenario...

Pivot (invalidation): 13460.00 Our preference Long positions above 13460.00 with targets at 13640.00 & 13740.00 in extension. Alternative scenario...

Pivot (invalidation): 5.9890 Our preference Short positions below 5.9890 with targets at 5.9780 & 5.9720 in extension. Alternative scenario...

Pivot (invalidation): 0.6735 Our preference Short positions below 0.6735 with targets at 0.6710 & 0.6695 in extension. Alternative scenario...

Pivot (invalidation): 1.3280 Our preference Long positions above 1.3280 with targets at 1.3300 & 1.3310 in extension. Alternative scenario...

Pivot (invalidation): 0.9755 Our preference Short positions below 0.9755 with targets at 0.9730 & 0.9715 in extension. Alternative scenario...

Pivot (invalidation): 109.75 Our preference Long positions above 109.75 with targets at 110.10 & 110.25 in extension. Alternative scenario...

Pivot (invalidation): 1.2955 Our preference Short positions below 1.2955 with targets at 1.2920 & 1.2905 in extension. Alternative scenario...

Pivot (invalidation): 1.0995 Our preference Short positions below 1.0995 with targets at 1.0965 & 1.0945 in extension. Alternative scenario...

With the coronavirus outbreak in China ongoing, highly cyclical currencies with strong ties to Chinese growth have been hit hard. And this is the case for the Australian dollar. The AUDUSD fell by around 3% earlier this week...