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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
2900-3000 Range *RES 4: 3355.23...>
EUROSTOXX50 TECHS: 2900-3000 Range
*RES 4: 3355.23 200-dma
*RES 3: 3244.98 High Dec 3
*RES 2: 3100.00 Pivot
*RES 1: 3007.53 Low Dec 10, now resistance
*PRICE: 3005.85 @ 16:35 GMT Jan 4
*SUP 1: 2908.70 Dec 27 low
*SUP 2: 2892.52 Aug 3 2016 Low
*SUP 3: 2678.27 Low Jul 1 2016
*SUP 4: 2494.54 Low May 24, 2013
After falling through most of December, the 2908.70-3007.53 range has contained
Eurostoxx over the past few sessions. Bulls need to recover the 3000 level as
well as the Dec 10 low at 3007.53, which has acted as resistance in recent days.
Above here lies the 3100 pivot area and a close above here would shift the
outlook neutral. On the downside the Dec 27 low at 2908.70 needs to be broken to
bring the focus to the Aug 2016 low at 2892.52.
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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.