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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
Bears Focused On Myr4.0900 *RES....>
DOLLAR-MYR TECHS: Bears Focused On Myr4.0900
*RES 4: Myr4.2194 - 55-DMA
*RES 3: Myr4.2050 - Low Nov 9 now resistance
*RES 2: Myr4.2020 - High Nov 10
*RES 1: Myr4.1730 - Lows Nov 10 & 15
*PRICE: Myr4.1623 @ 2300GMT
*SUP 1: Myr4.1550 - 2017 Low Nov 17
*SUP 2: Myr4.1400 - Low Oct 11 2016
*SUP 3: Myr4.1070 - Low Sept 29 2016
*SUP 4: Myr4.0900 - Low Sept 13 2016
*COMMENTARY: The 100-DMA capped rallies in recent weeks resulting in a sell-off
to fresh 2017 and 13mth lows with bears now focused on the Myr4.0900 support.
O/S daily studies and the Bollinger base (Myr4.1714) remain key concerns for
bears. Bulls now need a close above Myr4.1730 to ease immediate bearish pressure
and above Myr4.2050 to shift immediate focus back to the 55-DMA.
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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.