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About Us
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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI ASIA OPEN: Nov Job Gains, Fed Blackout, CPI/PPI Ahead
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50-Day EMA Marks A Pivot Point
- RES 4: 0.7314 High Jan 13 and a key resistance
- RES 3: 0.7277 High Jan 20
- RES 2: 0.7179 50-day EMA
- RES 1: 0.7168 High Feb 3
- PRICE: 0.7157 @ 06:31 GMT Feb 9
- SUP 1: 0.7052 Low Feb 4
- SUP 2: 0.6968/6963 Low Jan 28 / Low Jul 16, 2020
- SUP 3: 0.6921 Low Jul 14, 2020
- SUP 4: 0.6884 0.764 proj of the Oct ‘21 - Dec ‘21 - Jan price swing
AUDUSD has recovered from its recent low. Key S/T resistance is seen at 0.7179, the 50-day EMA. The trend is bearish and recent short-term gains are considered corrective. The recent breach of key support at 0.6993/91, Dec 3 2021 and Nov 2 2020 lows reinforced a bearish theme and confirmed a resumption of the downtrend. This has opened 0.6963/21, the Jul 16 and Jul 14 2020 lows. For bulls, a break of the 50-day EMA would alter the picture.
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.