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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 BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
Below $0.7916 To Ease Bullish..........>
AUSSIE TECHS: Below $0.7916 To Ease Bullish Pressure
*RES 4: $0.8124 - 2017 High Sept 8
*RES 3: $0.8102 - High Sept 20
*RES 2: $0.8036 - High Sept 21
*RES 1: $0.7986 - High Sept 22
*PRICE: $0.7960 @ 2030GMT
*SUP 1: $0.7935 - Low Jan 16
*SUP 2: $0.7916 - High Jan 12
*SUP 3: $0.7882 - Hourly support Jan 12
*SUP 4: $0.7846 - Low Jan 12
*COMMENTARY: Bullish focus shifted to tests of 2017 highs following gains last
week and support emerging ahead of 21 ($0.7809) & 100 ($0.7772) DMAs. Bears now
need a close below $0.7916 to ease immediate bullish pressure and below the
200-DMA ($0.7712) to hint at a move back to $0.7500 with below $0.7625 to
confirm. Bulls now look for the close above $0.7986 needed to add support to
their case. O/B studies and the Bollinger top ($0.7980) are concerns for bulls.
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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.