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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$1.3617 Resistance Remains Key *RES.....>
CABLE TECHS: $1.3617 Resistance Remains Key
*RES 4: $1.3666 High May 2
*RES 3: $1.3617 High May 9
*RES 2: $1.3572 High May 15
*RES 1: $1.3538 Hourly resistance May 17
*PRICE: $1.3494 @ 0930GMT
*SUP 1: $1.3471 Low May 17
*SUP 2: $1.3449 2018 Low May 15
*SUP 3: $1.3393 55-WMA
*SUP 4: $1.3300 Monthly Low Dec 15
*COMMENTARY: Bears have so far failed to capitalise on fresh 2018 lows and
closes below the 200-DMA ($1.3561). The $1.3617 resistance remains key with
bulls needing a close above to gain breathing room and above $1.3711 to shift
initial focus to $1.3792-1.3906 where, 55 ($1.3906) & 100 ($1.3893) DMAs are
noted. Bears continue to look for a close below $1.3449 to initially target
$1.3300.
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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.