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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
Below $1.3224 to Ease Bullish...........>
CABLE TECHS: Below $1.3224 to Ease Bullish Pressure
*RES 4: $1.3570 High June 27 2016
*RES 3: $1.3445 Monthly High Sept 7 2016
*RES 2: $1.3375 High Sept 8 2016
*RES 1: $1.3346 Daily Bull channel top
*PRICE: $1.3311 @ 0430GMT
*SUP 1: $1.3298 Hourly resistance Sept 12 now support
*SUP 2: $1.3262 Hourly support Sept 12
*SUP 3: $1.3224 High Sept 8 now support
*SUP 4: $1.3159 Hourly resistance Sept 8 now support
*COMMENTARY: Gains defined last week and so far this week with pressure having
returned to $1.3346-75 where the daily bull channel top is located. Bulls look
for a close above $1.3375 to confirm initial focus on tests of $1.3445. O/B
studies and the Bollinger top ($1.3273) are seen as key concerns for bulls. In
saying that, bears now need a close below $1.3224 to confirm an easing of
bullish pressure and shift focus back to $1.3159.
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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.