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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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Free AccessMNI UK Inflation Insight: October 2024
MNI UK Inflation Insight: October 2024
Above $1.1880 To Target...........>
EURO-DOLLAR TECHS: Above $1.1880 To Target 1.2033-92
*RES 4: $1.2092 2017High Sept 8
*RES 3: $1.2033 High Sept 20
*RES 2: $1.2004 High Sept 22
*RES 1: $1.1880 High Oct 12
*PRICE: $1.1868 @ 1030GMT
*SUP 1: $1.1837 Hourly support Nov 24
*SUP 2: $1.1813 Hourly support Nov 23
*SUP 3: $1.1800 Hourly resistance Nov 22 now support
*SUP 4: $1.1772 Hourly support Nov 22
*COMMENTARY: Bulls take comfort in support emerging ahead of the key 21-DMA
($1.1699) with closes above the 55-DMA ($1.1777) adding support to the case for
a test of the key $1.1880 resistance. Bulls need a close above $1.1880 to shift
focus to $1.2033. Support layers are building with bears needing a close below
$1.1772 to ease immediate bullish pressure. Below the 21-DMA remains needed to
target $1.1554.
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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.