Jiming Huang / Profil

US Federal Reserve Bank Chairman Jerome Powell yesterday told the US Senate’s Banking Committee that the Fed has definitely changed its monetary policy: it will now be “data dependent” and “patient”...

Pivot (invalidation): 55.40 Our preference Long positions above 55.40 with targets at 56.65 & 56.95 in extension. Alternative scenario Below 55.40 look for further downside with 55.00 & 54.75 as targets...

Pivot (invalidation): 15.8200 Our preference Long positions above 15.8200 with targets at 16.0000 & 16.1000 in extension. Alternative scenario Below 15.8200 look for further downside with 15.7600 & 15.7000 as targets...

Pivot (invalidation): 1324.50 Our preference Long positions above 1324.50 with targets at 1333.00 & 1336.00 in extension. Alternative scenario Below 1324.50 look for further downside with 1321.00 & 1317.00 as targets...

Pivot (invalidation): 2815.00 Our preference Short positions below 2815.00 with targets at 2781.00 & 2763.00 in extension. Alternative scenario Above 2815.00 look for further upside with 2831.00 & 2844.00 as targets...

Pivot (invalidation): 11490.00 Our preference Long positions above 11490.00 with targets at 11560.00 & 11617.00 in extension. Alternative scenario Below 11490.00 look for further downside with 11440.00 & 11380.00 as targets...

Pivot (invalidation): 5.2910 Our preference Long positions above 5.2910 with targets at 5.3160 & 5.3250 in extension. Alternative scenario Below 5.2910 look for further downside with 5.2820 & 5.2730 as targets...

Pivot (invalidation): 0.7160 Our preference Long positions above 0.7160 with targets at 0.7205 & 0.7225 in extension. Alternative scenario Below 0.7160 look for further downside with 0.7140 & 0.7120 as targets...

Pivot (invalidation): 1.3195 Our preference Short positions below 1.3195 with targets at 1.3150 & 1.3135 in extension. Alternative scenario Above 1.3195 look for further upside with 1.3215 & 1.3235 as targets...

Pivot (invalidation): 1.0020 Our preference Short positions below 1.0020 with targets at 0.9980 & 0.9960 in extension. Alternative scenario Above 1.0020 look for further upside with 1.0035 & 1.0055 as targets...

Pivot (invalidation): 110.75 Our preference Short positions below 110.75 with targets at 110.40 & 110.25 in extension. Alternative scenario Above 110.75 look for further upside with 110.90 & 111.05 as targets...

Pivot (invalidation): 1.3190 Our preference Long positions above 1.3190 with targets at 1.3290 & 1.3330 in extension. Alternative scenario Below 1.3190 look for further downside with 1.3140 & 1.3100 as targets...

Pivot (invalidation): 1.1365 Our preference Long positions above 1.1365 with targets at 1.1400 & 1.1415 in extension. Alternative scenario Below 1.1365 look for further downside with 1.1345 & 1.1325 as targets...

GBP appreciated against G10 currencies and by 0.70% against both the greenback and EUR, with the pound highest against the single currency since May 2017. Currently trading at 1.3172, GBP/USD is heading along 1.32 short-term...

Pivot (invalidation): 55.90 Our preference Short positions below 55.90 with targets at 54.75 & 54.20 in extension. Alternative scenario Above 55.90 look for further upside with 56.35 & 57.00 as targets...

Pivot (invalidation): 16.0000 Our preference Short positions below 16.0000 with targets at 15.8200 & 15.7600 in extension. Alternative scenario Above 16.0000 look for further upside with 16.0500 & 16.1000 as targets...

Pivot (invalidation): 1333.00 Our preference Short positions below 1333.00 with targets at 1326.00 & 1322.50 in extension. Alternative scenario Above 1333.00 look for further upside with 1336.00 & 1340.00 as targets...

Pivot (invalidation): 2815.00 Our preference Short positions below 2815.00 with targets at 2777.00 & 2763.00 in extension. Alternative scenario Above 2815.00 look for further upside with 2831.00 & 2844.00 as targets...

Pivot (invalidation): 11440.00 Our preference Long positions above 11440.00 with targets at 11560.00 & 11617.00 in extension. Alternative scenario Below 11440.00 look for further downside with 11370.00 & 11310.00 as targets...

Pivot (invalidation): 5.2910 Our preference Long positions above 5.2910 with targets at 5.3210 & 5.3300 in extension. Alternative scenario Below 5.2910 look for further downside with 5.2820 & 5.2730 as targets...