Jiming Huang / Профиль

Crude oil prices are bouncing from recent low, benefitting from a weakening dollar and from China’s threatened 25% duties on US gasoline, diesel and other refined products...

The US Federal Reserve Bank yesterday released minutes of its August monetary policy meeting: a 0.25% interest rate hike is signalled for September. Markets have reacted with confusion. Was the tone hawkish or dovish...

Pivot (invalidation): 6560 Our preference Short positions below 6560 with targets at 6255 & 6125 in extension. Alternative scenario Above 6560 look for further upside with 6855 & 7030 as targets...

Pivot (invalidation): 67.25 Our preference Long positions above 67.25 with targets at 68.50 & 68.90 in extension. Alternative scenario Below 67.25 look for further downside with 66.80 & 66.40 as targets...

Pivot (invalidation): 14.7300 Our preference Short positions below 14.7300 with targets at 14.4800 & 14.4000 in extension. Alternative scenario Above 14.7300 look for further upside with 14.8100 & 14.8700 as targets...

Pivot (invalidation): 1194.50 Our preference Short positions below 1194.50 with targets at 1187.50 & 1184.00 in extension. Alternative scenario Above 1194.50 look for further upside with 1199.00 & 1201.75 as targets...

Pivot (invalidation): 1.1405 Our preference Short positions below 1.1405 with targets at 1.1360 & 1.1325 in extension. Alternative scenario Above 1.1405 look for further upside with 1.1435 & 1.1455 as targets...

Pivot (invalidation): 0.8960 Our preference Long positions above 0.8960 with targets at 0.8990 & 0.9005 in extension. Alternative scenario Below 0.8960 look for further downside with 0.8945 & 0.8935 as targets...

Pivot (invalidation): 0.7320 Our preference Short positions below 0.7320 with targets at 0.7275 & 0.7250 in extension. Alternative scenario Above 0.7320 look for further upside with 0.7335 & 0.7365 as targets...

Pivot (invalidation): 1.3000 Our preference Long positions above 1.3000 with targets at 1.3070 & 1.3095 in extension. Alternative scenario Below 1.3000 look for further downside with 1.2980 & 1.2960 as targets...

Pivot (invalidation): 0.9855 Our preference Short positions below 0.9855 with targets at 0.9805 & 0.9785 in extension. Alternative scenario Above 0.9855 look for further upside with 0.9890 & 0.9915 as targets...

Pivot (invalidation): 110.60 Our preference Long positions above 110.60 with targets at 111.10 & 111.30 in extension. Alternative scenario Below 110.60 look for further downside with 110.45 & 110.30 as targets...

Pivot (invalidation): 1.2900 Our preference Short positions below 1.2900 with targets at 1.2840 & 1.2810 in extension. Alternative scenario Above 1.2900 look for further upside with 1.2935 & 1.2975 as targets...

Pivot (invalidation): 1.1600 Our preference Short positions below 1.1600 with targets at 1.1515 & 1.1490 in extension. Alternative scenario Above 1.1600 look for further upside with 1.1640 & 1.1670 as targets...

What a difference a summer week makes! Just a week ago markets were calling for the end of days. Yesterday the sS&P 500 made an intraday all time high. USD continued to slide against G10 and EM currencies as DXY fell below its 50-dma...

Mexico’s new President, Andres Manuel Lopez Obrador (AMLO), has restarted talks with the USA on the North American Free Trade Agreement. US and Mexican officials have particularly covered how much North American content should be included in cars...

Pivot (invalidation): 6560 Our preference Long positions above 6560 with targets at 6855 & 7030 in extension. Alternative scenario Below 6560 look for further downside with 6410 & 6315 as targets...

Pivot (invalidation): 65.60 Our preference Long positions above 65.60 with targets at 66.50 & 66.80 in extension. Alternative scenario Below 65.60 look for further downside with 64.85 & 64.40 as targets...

Pivot (invalidation): 14.6500 Our preference Long positions above 14.6500 with targets at 14.8400 & 14.9600 in extension. Alternative scenario Below 14.6500 look for further downside with 14.5700 & 14.4800 as targets...

Pivot (invalidation): 1192.00 Our preference Long positions above 1192.00 with targets at 1199.00 & 1202.00 in extension. Alternative scenario Below 1192.00 look for further downside with 1187.50 & 1184.00 as targets...