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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 POLITICAL RISK - Trump's First Post Election Interview
MNI POLITICAL RISK ANALYSIS - Week Ahead 9-15 Dec
Bear Threat Remains Present
- RES 4: 1.1034 76.4% retracement of the Dec 28 - Feb 14 bear leg
- RES 3: 1.0998 High Jan 5
- RES 2: 1.0955/981 High Mar 14 / 8 and the bull trigger
- RES 1: 1.0906 High Mar 18
- PRICE: 1.0868 @ 05:44 GMT Mar 20
- SUP 1: 1.0835 Low Mar 19
- SUP 2: 1.0796 Low Feb 29
- SUP 3: 1.0762/0695 Low Feb 20 / 14 and the bear trigger
- SUP 4: 1.0656 Low Nov 10
A bull theme in EURUSD remains intact, however, a corrective cycle continues to suggest scope for a continuation lower near-term. The pair has pierced the 50-day EMA, at 1.0860. A clear break of the average would open 1.0796, the Feb 29 low. For bulls, a resumption of gains and a break of 1.0981, the Mar 8 high, is required to reinstate the recent uptrend. Initial resistance is at 1.0906, the Mar 18 high.
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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.