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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
Bounce Sees Bulls Regain Control...>
DOLLAR-PHP TECHS: Bounce Sees Bulls Regain Control
*RES 4: Php51.390 - Low Aug 18 now resistance
*RES 3: Php51.295 - High Sept 15
*RES 2: Php51.289 - Bollinger band top
*RES 1: Php51.125 - Daily Bear channel top
*PRICE: Php51.020 @ 2300GMT
*SUP 1: Php50.851 - 55-DMA
*SUP 2: Php50.720 - Low Sept 27
*SUP 3: Php50.550 - Low Aug 9
*SUP 4: Php50.437 - 100-DMA
*COMMENTARY: Time spent below the 55-DMA was brief with the recovery seeing the
pair flirting with the 21-DMA (Php51.018). Bulls now look for a close above
Php51.390 to return focus to 2017 highs. Daily studies are well placed for a
fresh leg higher. Bears now need a close below the 55-DMA to ease renewed
bullish pressure and shift focus back to Php50.437-550 where the 100-DMA is
located.
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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.