Jiming Huang / Profil

Pivot (invalidation): 0.9990 Our preference Short positions below 0.9990 with targets at 0.9970 & 0.9955 in extension. Alternative scenario Above 0.9990 look for further upside with 1.0000 & 1.0010 as targets...

Pivot (invalidation): 111.25 Our preference Long positions above 111.25 with targets at 111.75 & 112.00 in extension. Alternative scenario Below 111.25 look for further downside with 111.00 & 110.85 as targets...

Pivot (invalidation): 1.3100 Our preference Long positions above 1.3100 with targets at 1.3150 & 1.3195 in extension. Alternative scenario Below 1.3100 look for further downside with 1.3080 & 1.3050 as targets...

Pivot (invalidation): 1.1205 Our preference Long positions above 1.1205 with targets at 1.1230 & 1.1250 in extension. Alternative scenario Below 1.1205 look for further downside with 1.1185 & 1.1175 as targets...

Concerns about global economic health, Brexit stalemate and Sino-American trade tensions continue to generate great demand for the franc despite economic releases pointing towards an economic slowdown...

The week started off on a bad foot in the US, at least from an economic standpoint. February retails came in well below estimate and heightened concerns about a severe economic slowdown...

Pivot (invalidation): 61.10 Our preference Long positions above 61.10 with targets at 62.30 & 62.95 in extension. Alternative scenario Below 61.10 look for further downside with 60.50 & 60.10 as targets...

Pivot (invalidation): 15.2000 Our preference Short positions below 15.2000 with targets at 14.9500 & 14.8800 in extension. Alternative scenario Above 15.2000 look for further upside with 15.2500 & 15.3300 as targets...

Pivot (invalidation): 1293.00 Our preference Short positions below 1293.00 with targets at 1283.00 & 1278.00 in extension. Alternative scenario Above 1293.00 look for further upside with 1297.00 & 1300.00 as targets...

Pivot (invalidation): 2848.50 Our preference Long positions above 2848.50 with targets at 2874.00 & 2891.25 in extension. Alternative scenario Below 2848.50 look for further downside with 2835.50 & 2817.00 as targets...

Pivot (invalidation): 11610.00 Our preference Long positions above 11610.00 with targets at 11709.00 & 11789.00 in extension. Alternative scenario Below 11610.00 look for further downside with 11530.00 & 11470.00 as targets...

Pivot (invalidation): 5.4890 Our preference Long positions above 5.4890 with targets at 5.5620 & 5.6340 in extension. Alternative scenario Below 5.4890 look for further downside with 5.4310 & 5.3850 as targets...

Pivot (invalidation): 0.7120 Our preference Short positions below 0.7120 with targets at 0.7100 & 0.7080 in extension. Alternative scenario Above 0.7120 look for further upside with 0.7130 & 0.7145 as targets...

Pivot (invalidation): 1.3335 Our preference Short positions below 1.3335 with targets at 1.3295 & 1.3270 in extension. Alternative scenario Above 1.3335 look for further upside with 1.3370 & 1.3400 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 0.9950 & 0.9930 as targets...

Pivot (invalidation): 111.15 Our preference Long positions above 111.15 with targets at 111.55 & 111.75 in extension. Alternative scenario Below 111.15 look for further downside with 110.85 & 110.60 as targets...

Pivot (invalidation): 1.3115 Our preference Short positions below 1.3115 with targets at 1.3025 & 1.2990 in extension. Alternative scenario Above 1.3115 look for further upside with 1.3150 & 1.3195 as targets...

Pivot (invalidation): 1.1225 Our preference Short positions below 1.1225 with targets at 1.1195 & 1.1175 in extension. Alternative scenario Above 1.1225 look for further upside with 1.1245 & 1.1260 as targets...

The Italian crisis saga is not over. The economy has consistently grown at a slower pace than the euro zone due to structural inefficiencies while heavy pressures induced by the European Commission with regard to the budget deficit target is expected to resume in 2H 2019...

1st April and the UK remains part of the EU. I guess the joke is on us. However, the sterling is no longer getting the “kick the can” bounce...