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Why MNI
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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 Access$1.2995 Support Key This Week *RES 4:...>
CABLE TECHS: $1.2995 Support Key This Week
*RES 4: $1.3297 Hourly resistance Oct 2
*RES 3: $1.3222 Low Oct 3 now resistance
*RES 2: $1.3164 Hourly support Oct 5 now resistance
*RES 1: $1.3130 55-DMA
*PRICE: $1.3100 @ 0430GMT
*SUP 1: $1.3074 Hourly support Oct 9
*SUP 2: $1.3036 Bollinger band base
*SUP 3: $1.3025 Low Oct 6
*SUP 4: $1.3016 100-DMA
*COMMENTARY: The new week sees the 100-DMA supporting and the 55-DMA capping as
daily studies look to correct from O/S. The $1.2995 support remains key this
week. Bears need a close below $1.2995 to shift focus to $1.2770-72 where the
200-DMA is located. Bulls continue to look for a close above $1.3164 to ease
immediate bearish pressure and above $1.3224 to shift focus back to the 21-DMA
($1.3351). The Bollinger base and O/S studies are the key concern for bears.
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.