Jiming Huang / Profil

Pivot (invalidation): 1.2790 Our preference Short positions below 1.2790 with targets at 1.2740 & 1.2720 in extension. Alternative scenario Above 1.2790 look for further upside with 1.2820 & 1.2850 as targets...

Pivot (invalidation): 1.1430 Our preference Short positions below 1.1430 with targets at 1.1385 & 1.1365 in extension. Alternative scenario Above 1.1430 look for further upside with 1.1480 & 1.1515 as targets...

As contagion continues in emerging markets, the South African rand is no exception. Depreciating by 16% against the greenback since the beginning of the year, USD/ZAR’s steep rise from last Thursday (7...

Crisis and contagion are loose, with equities weaker across the board in Asia and European and US futures pointing to a weak open. The wild swings, elevated volatility and speculations is based on FX. Traders are picking off nations exposed to USD obligations...

Pivot (invalidation): 6455 Our preference Short positions below 6455 with targets at 6190 & 6010 in extension. Alternative scenario Above 6455 look for further upside with 6630 & 6835 as targets...

Pivot (invalidation): 67.10 Our preference Long positions above 67.10 with targets at 68.00 & 68.60 in extension. Alternative scenario Below 67.10 look for further downside with 66.50 & 66.10 as targets...

Pivot (invalidation): 15.3800 Our preference Short positions below 15.3800 with targets at 15.2100 & 15.1600 in extension. Alternative scenario Above 15.3800 look for further upside with 15.4300 & 15.5100 as targets...

Pivot (invalidation): 1215.00 Our preference Short positions below 1215.00 with targets at 1206.75 & 1204.00 in extension. Alternative scenario Above 1215.00 look for further upside with 1217.25 & 1220.25 as targets...

Pivot (invalidation): 1.1355 Our preference Short positions below 1.1355 with targets at 1.1270 & 1.1235 in extension. Alternative scenario Above 1.1355 look for further upside with 1.1380 & 1.1415 as targets...

Pivot (invalidation): 0.8945 Our preference Short positions below 0.8945 with targets at 0.8900 & 0.8885 in extension. Alternative scenario Above 0.8945 look for further upside with 0.8960 & 0.8980 as targets...

Pivot (invalidation): 0.7305 Our preference Short positions below 0.7305 with targets at 0.7250 & 0.7225 in extension. Alternative scenario Above 0.7305 look for further upside with 0.7325 & 0.7360 as targets...

Pivot (invalidation): 1.3120 Our preference Long positions above 1.3120 with targets at 1.3170 & 1.3200 in extension. Alternative scenario Below 1.3120 look for further downside with 1.3070 & 1.3035 as targets...

Pivot (invalidation): 0.9925 Our preference Long positions above 0.9925 with targets at 0.9960 & 0.9975 in extension. Alternative scenario Below 0.9925 look for further downside with 0.9910 & 0.9895 as targets...

Pivot (invalidation): 110.70 Our preference Short positions below 110.70 with targets at 110.05 & 109.65 in extension. Alternative scenario Above 110.70 look for further upside with 111.00 & 111.20 as targets...

Pivot (invalidation): 1.2790 Our preference Short positions below 1.2790 with targets at 1.2720 & 1.2680 in extension. Alternative scenario Above 1.2790 look for further upside with 1.2835 & 1.2880 as targets...

Pivot (invalidation): 1.1440 Our preference Short positions below 1.1440 with targets at 1.1340 & 1.1300 in extension. Alternative scenario Above 1.1440 look for further upside with 1.1485 & 1.1535 as targets...

Trading at the weakest range since mid-July 2018, the single currency is facing difficult times. Rumors surrounding a spill over on European banks of the Turkish lira situation being the main driver of the steep decline...

Mounting uncertainty in Europe has driven investors back into CHF. This, after steady Euro appreciation and EUR/CHF reaching the psychological 1.2 threshold, after the Swiss National Bank shifted its comment from “highly overvalued” to “highly valued” and slowed its FX intervention...

Pivot (invalidation): 6360 Our preference Long positions above 6360 with targets at 6630 & 6835 in extension. Alternative scenario Below 6360 look for further downside with 6170 & 5985 as targets...

Pivot (invalidation): 66.50 Our preference Long positions above 66.50 with targets at 67.15 & 67.40 in extension. Alternative scenario Below 66.50 look for further downside with 66.10 & 65.75 as targets...