Jiming Huang / Profil

Pivot (invalidation): 1.2905 Our preference Long positions above 1.2905 with targets at 1.2955 & 1.2980 in extension. Alternative scenario Below 1.2905 look for further downside with 1.2880 & 1.2860 as targets...

Pivot (invalidation): 0.9575 Our preference Long positions above 0.9575 with targets at 0.9600 & 0.9625 in extension. Alternative scenario Below 0.9575 look for further downside with 0.9555 & 0.9540 as targets...

Pivot (invalidation): 112.65 Our preference Short positions below 112.65 with targets at 112.45 & 112.35 in extension. Alternative scenario Above 112.65 look for further upside with 112.85 & 113.00 as targets...

Pivot (invalidation): 1.3105 Our preference Short positions below 1.3105 with targets at 1.3055 & 1.3025 in extension. Alternative scenario Above 1.3105 look for further upside with 1.3140 & 1.3170 as targets...

Pivot (invalidation): 1.1760 Our preference Short positions below 1.1760 with targets at 1.1730 & 1.1710 in extension. Alternative scenario Above 1.1760 look for further upside with 1.1775 & 1.1800 as targets...

The American economy has underwhelmed: the Federal Reserve will raise rates only 0.25% next week. Lack of a steeper hike has taken steam out of the USD rally and given risky emerging markets room to recover. The Turkish lira recovered, despite an inept economic plan...

Japan August inflation report came in roughly in line with expectations and left investors with no choice but to look abroad for a driver. Headline inflation beat forecast as it rose to 1.3%y/y compared to 1.1% expected and 0.9% in the previous month...

Pivot (invalidation): 70.85 Our preference Short positions below 70.85 with targets at 69.95 & 69.35 in extension. Alternative scenario Above 70.85 look for further upside with 71.35 & 71.75 as targets...

Pivot (invalidation): 14.2500 Our preference Long positions above 14.2500 with targets at 14.4400 & 14.5300 in extension. Alternative scenario Below 14.2500 look for further downside with 14.1900 & 14.1300 as targets...

Pivot (invalidation): 1205.00 Our preference Long positions above 1205.00 with targets at 1210.00 & 1214.00 in extension. Alternative scenario Below 1205.00 look for further downside with 1203.00 & 1199.50 as targets...

Pivot (invalidation): 2919.50 Our preference Long positions above 2919.50 with targets at 2942.00 & 2950.50 in extension. Alternative scenario Below 2919.50 look for further downside with 2910.00 & 2900.00 as targets...

Pivot (invalidation): 12275.00 Our preference Long positions above 12275.00 with targets at 12360.00 & 12390.00 in extension. Alternative scenario Below 12275.00 look for further downside with 12230.00 & 12190.00 as targets...

Pivot (invalidation): 6.2590 Our preference Short positions below 6.2590 with targets at 6.1755 & 6.1245 in extension. Alternative scenario Above 6.2590 look for further upside with 6.3290 & 6.3780 as targets...

Pivot (invalidation): 0.7270 Our preference Long positions above 0.7270 with targets at 0.7300 & 0.7325 in extension. Alternative scenario Below 0.7270 look for further downside with 0.7250 & 0.7235 as targets...

Pivot (invalidation): 1.2925 Our preference Short positions below 1.2925 with targets at 1.2895 & 1.2880 in extension. Alternative scenario Above 1.2925 look for further upside with 1.2945 & 1.2965 as targets...

Pivot (invalidation): 0.9605 Our preference Short positions below 0.9605 with targets at 0.9575 & 0.9550 in extension. Alternative scenario Above 0.9605 look for further upside with 0.9625 & 0.9650 as targets...

Pivot (invalidation): 112.45 Our preference Long positions above 112.45 with targets at 112.80 & 113.00 in extension. Alternative scenario Below 112.45 look for further downside with 112.30 & 112.05 as targets...

Pivot (invalidation): 1.3225 Our preference Long positions above 1.3225 with targets at 1.3300 & 1.3340 in extension. Alternative scenario Below 1.3225 look for further downside with 1.3195 & 1.3155 as targets...

Pivot (invalidation): 1.1755 Our preference Long positions above 1.1755 with targets at 1.1800 & 1.1830 in extension. Alternative scenario Below 1.1755 look for further downside with 1.1735 & 1.1710 as targets...

Today’s South African Reserve Bank MPC decision is expected to maintain its Repo rate stable at 6.50% due to moderating inflation expectations within target corridor of 3-6% along with improving framework conditions for EM countries...