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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 ASIA OPEN: Weak 30Y Reopen, ECB Forward Guidance Weighing
MNI ASIA MARKETS ANALYSIS: Tsys Reverse Early Data Driven Gain
MNI US Inflation Insight: Softer Housing Helps Ensure Dec Cut
Bears Need Close Below $17.264 *RES....>
SILVER TECHS: Bears Need Close Below $17.264
*RES 4: $18.264 - Daily Bull channel top
*RES 3: $18.041 - Low June 5 now resistance
*RES 2: $17.742 - Monthly high June 6
*RES 1: $17.662 - High Aug 29
*PRICE: $17.346 @ 0400GMT
*SUP 1: $17.264 - Hourly resistance Aug 28 now support
*SUP 2: $17.148 - Hourly support Aug 28
*SUP 3: $17.004 - Hourly resistance support Aug 25
*SUP 4: $16.709 - Low Aug 25
*COMMENTARY: The lack of topside follow through Tuesday remains a concern for
bulls despite focus having shifted to tests of June highs and then $18.041-264
above where the bull channel top is found. Layers of support remain with bears
still needing a close below $17.264 to gain breathing room and below $17.004 to
shift focus back to $16.709 lows from last week.
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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.