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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: Beijing To Protect Firms From U.S. Bill - MOFCOM
MNI BRIEF: SNB Cuts Policy Rate By 50 BP To 0.5%
MNI EUROPEAN MARKETS ANALYSIS: ECB Expected To Cut Rates Later
1.1027 support exposed: *RES 4:...>
EURO-DOLLAR TECHS: 1.1027 support exposed:
*RES 4: 1.1191/1204 50-dma/100dma
*RES 3: 1.1164 High Aug 26
*RES 2: 1.1153 Trendline resistance drawn off the Jun 25 high
*RES 1: 1.1098 High Aug 28
*PRICE: 1.1045 @ 04:10 GMT Aug 30
*SUP 1: 1.1042 Intraday Low / Aug 29 low
*SUP 2: 1.1027 Low Aug 1 and primary support
*SUP 3: 1.1000/0991 Psychological level / Channel base drawn off the Jan 10 high
*SUP 4: 1.0864 76.4% retracement of the Jan 2017 - Feb 2018 rally
EURUSD has continued to push lower this week negating entirely, last Friday's
rally. Former support at 1.1052, the Aug 23 low has been cleared and a bearish
focus returns with sights set on the key Aug 1 low of 1.1027. A break of this
level would confirm a resumption of the downtrend and open the 1.1000
psychological level and the 1.0991 broad bear channel base, drawn off the Jan 10
high. Key resistance has been defined at 1.1164, the Aug 26 high
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.