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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 Credit Weekly: Le Vendredi Noir
MNI: Canada Apr-Sept Budget Deficit Widens On Spending
$1.4086-1.4162 Resistance Region Key....>
CABLE TECHS: $1.4086-1.4162 Resistance Region Key
*RES 4: $1.4286 High Jan 26
*RES 3: $1.4162 Low Feb 1 now resistance
*RES 2: $1.4086 Hourly support Feb 15 now resistance
*RES 1: $1.4009 High Feb 21, 21-DMA
*PRICE: $1.3953 @ 0530GMT
*SUP 1: $1.3908 Hourly support Feb 22
*SUP 2: $1.3858 Low Feb 22
*SUP 3: $1.3794 Low Feb 12
*SUP 4: $1.3763 Low Feb 9
*COMMENTARY: The failure to retake the $1.4162 level on the recovery from
$1.3763 sees the 21-DMA now capping and focus on $1.3631-1.3794 where the 55-DMA
($1.3749) is noted. Daily studies are well placed for a fresh leg lower having
corrected back to neutral levels. Bulls need a close above $1.4086 to gain
breathing room and above $1.4162 to confirm focus on 2018 highs and the key
200-WMA ($1.4344) lurking above.
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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.