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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 AccessBelow Cnh6.5948 To Target..........>
DOLLAR-CNH TECHS: Below Cnh6.5948 To Target Cnh6.4922-5366
* The pair took its first backward step in around three weeks with 2018 & 8mth
highs lacking follow though above key resistance Tuesday.
* Daily momentum divergence, O/B daily and weekly studies remain a concern and
currently weigh.
* The Cnh6.5948 support remains key. Bears look for a close below this level to
hint at a move back to Cnh6.4922-5366 where the 21-DMA is noted.
* Bulls now need a close above Cnh6.6798 to shift focus back to 2018 highs.
To read the full story
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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.