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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 BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
55-DMA Support Key Today *RES.....>
EURO-DOLLAR TECHS: 55-DMA Support Key Today
*RES 4: $1.2092 2017 High Sept 8
*RES 3: $1.2037 Daily Bull channel top
*RES 2: $1.1961 High Nov 27
*RES 1: $1.1931 High Nov 30
*PRICE: $1.1867 @ 0530GMT
*SUP 1: $1.1831 Daily Bull channel base
*SUP 2: $1.1813 Hourly support Nov 23
*SUP 3: $1.1771 55-DMA
*SUP 4: $1.1713 Low Nov 21
*COMMENTARY: $1.1813 confirmed significance with Thursday's bounce retaining the
integrity of the daily bull channel base although topside follow through has
been lacking with the pair correcting back towards the channel base. The 55-DMA
is key support today. Bears need a close below the 55-DMA to confirm an easing
of bullish pressure and below $1.1690 to confirm initial focus on $1.1552 Nov
lows. Above $1.1961 is needed to reconfirm focus on $1.2033-92.
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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.