Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
EURO-DOLLAR TECHS: Broader Bear Trend Intact:
*RES 4: 1.1075 High Sep 17
*RES 3: 1.1034 Channel resistance drawn off May 26 high
*RES 2: 1.1025 High Sep 23
*RES 1: 1.0967 High Sep 26
*PRICE: 1.0934 @ 04:26 GMT Oct 2
*SUP 1: 1.0879 Low Oct 1
*SUP 2: 1.0862 76.4% retracement of Jan 2017 - Feb 2018 rally
*SUP 3: 1.0854 3.0% Lower Bollinger Band
*SUP 4: 1.0821/39 April / May 2017 Low
Despite yesterday's bounce, EURUSD remains heavy following Monday's selling
pressure and Tuesday's follow through, which hit a fresh multi-year low at
1.0879. The recent breach of former support at 1.0926, Sep 3 low also weighs on
sentiment having confirmed a resumption of the downtrend. The focus is on the
Fibonacci level at 1.0862, and 3.0% Lower Bollinger Band at 1.0854 . The channel
base drawn off the May 26 high is at 1.0789. Resistance is at 1.0967.