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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 AccessMNI: China CFETS Yuan Index Up 0.01% In Week of Nov 22
MNI: PBOC Net Injects CNY76.7 Bln via OMO Monday
100-DMA Resistance Remains Key *RES 4:...>
KIWI TECHS: 100-DMA Resistance Remains Key
*RES 4: $0.7264 - 100-DMA
*RES 3: $0.7241 - 55-DMA
*RES 2: $0.7207 - High Oct 17
*RES 1: $0.7186 - Hourly resistance Oct 17
*PRICE: $0.7166 @ 2000GMT
*SUP 1: $0.7147 - Low Oct 17
*SUP 2: $0.7122 - Low Oct 13
*SUP 3: $0.7102 - Hourly support Oct 12
*SUP 4: $0.7055 - Low Oct 9
*COMMENTARY: Correcting O/S studies are providing support to the bullish case
but layers of resistance $0.7186-0.7264 where 55 & 100-DMAs are noted remain an
issue. Bulls need a close above the 100-DMA to end bearish hopes and shift focus
back to the bear channel top ($0.7363). Initial support is now noted at $0.7147
with bears needing a close below to confirm a break below the 200-DMA ($0.7160)
and retain focus on $0.7014-55 where the bear channel base is found.
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.