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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: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
$1.1861-1.1909 Resistance.........>
EURO-DOLLAR TECHS: $1.1861-1.1909 Resistance Region Key
*RES 4: $1.1976 High Jan 5 2015
*RES 3: $1.1909 2017 High Aug 2
*RES 2: $1.1861 Hourly support Aug 3 now resistance
*RES 1: $1.1828 High Aug 21
*PRICE: $1.1800 @ 0430GMT
*SUP 1: $1.1773 Alternating hourly support/resistance
*SUP 2: $1.1740 Low Aug 23
*SUP 3: $1.1709 Hourly support Aug 18
*SUP 4: $1.1663 Low Aug 17
*COMMENTARY: The pair continues to find support on dips with the rally seeing
pressure return to key resistance layers. Bulls look for a close above $1.1861
to test 2017 highs with a close above current 2017 highs needed to target
$1.1976-1.2068 where the bull channel top is located. Daily studies remain well
placed for a fresh leg higher. Bears now look for a close below $1.1773 to ease
pressure on resistance layers and below $1.1740 to pressure $1.1583-1.1663.
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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.