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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 Myr3.9420 To Ease Bearish....>
DOLLAR-MYR TECHS: Above Myr3.9420 To Ease Bearish Pressure
*RES 4: Myr3.9830 - Alternating daily support/resistance
*RES 3: Myr3.9689 - 200-WMA
*RES 2: Myr3.9420 - High Jan 22
*RES 1: Myr3.9240 - 55-DMA
*PRICE: Myr3.9150 @ 2300GMT
*SUP 1: Myr3.9083 - 21-DMA
*SUP 2: Myr3.8800 - Low Feb 2
*SUP 3: Myr3.8630 - 2018 Low Jan 29
*SUP 4: Myr3.8470 - 2016 Low Apr 13
*COMMENTARY: A close above Myr3.9420 is needed to ease bearish pressure. The
200-WMA has capped since the close below in Jan. Bulls look for a close above
the 200-WMA to hint at a move back to Myr4.0113-0450 where the 100-DMA
(Myr4.0113) is noted with above Myr3.9830 to confirm. While the 200-WMA caps,
bears initially focus on the 2018 low with a close below still needed to target
Myr3.8180. Below the 21-DMA is needed to gain breathing room.
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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.