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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
Above $1.3606 To Gain Breathing Room....>
CABLE TECHS: Above $1.3606 To Gain Breathing Room
*RES 4: $1.3792 High Apr 30
*RES 3: $1.3711 Low Apr 30 now resistance
*RES 2: $1.3666 High May 2
*RES 1: $1.3606 High May 9
*PRICE: $1.3563 @ 0430GMT
*SUP 1: $1.3482 Low May 8
*SUP 2: $1.3456 2018 Low Jan 11
*SUP 3: $1.3383 55-WMA
*SUP 4: $1.3300 Monthly Low Dec 15
*COMMENTARY: Dips below the 200-DMA ($1.3546) continue but follow through
remains lacking with O/S daily studies correcting and momentum divergence seen
as key concerns for bears. Bulls now need a close above $1.3606 to gain
breathing room and above $1.3711 to shift initial focus to $1.3866-1.4026 where
21 ($1.3866), 55 ($1.3945) & 100 ($1.3887) DMAs are noted. Bears need a close
below $1.3456 to initially target $1.3300.
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.