Free Trial

Bears In Charge Despite........>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bears In Charge 
Despite spiking back up through the 0.8950 level yesterday the pair gave back
gains to send the pair back below 0.8900. Bears target a break of the 200-dma at
0.8864 to extend the downside reversal. Bulls need to clear yesterday's high at
0.8985 to return the outlook neutral, before challenging the congested 0.9060/65
area ahead of the ytd Jan 3 high at 0.9108.

To read the full story

Close

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.