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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 POLITICAL RISK ANALYSIS - Week Ahead 2-8 December
MNI POLITICAL RISK - Trump Targets BRICS w/New Tariff Threat
MNI Gilt Week Ahead: Triple issuance week?
MNI US MARKETS ANALYSIS - French Politics Undermines EUR
Bears Focused On 100-DMA *RES 4:...>
DOLLAR-PHP TECHS: Bears Focused On 100-DMA
*RES 4: Php51.295 - High Sept 15
*RES 3: Php51.163 - Daily Bear channel top
*RES 2: Php51.030 - 21-DMA
*RES 1: Php50.839 - 55-DMA
*PRICE: Php50.710 @ 2300GMT
*SUP 1: Php50.550 - Low Aug 9
*SUP 2: Php50.830 - High Aug 2 now support
*SUP 3: Php50.417 - 100-DMA
*SUP 4: Php50.250 - Monthly Low Aug 7
*COMMENTARY: Having supported on dips since June, bears take comfort in closes
below the 55-DMA that see immediate focus currently on the 100-DMA. Overall
below the 200-DMA (Php50.177) is needed to end bullish hopes and shift focus
back to Php49.365 June lows. Layers of resistance are weighing with bulls
needing a close above the 55-DMA to ease bearish pressure and above Php51.390 to
return focus to 2017 highs.
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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.