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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: China CFETS Yuan Index Up 0.01% In Week of Nov 22
MNI: PBOC Net Injects CNY76.7 Bln via OMO Monday
Bullish Posture *RES 4: 1.1376....>
EURO-DOLLAR TECHS: Bullish Posture
*RES 4: 1.1376 High Jul 1, 2019
*RES 3: 1.1321 High Jul 2, 2019
*RES 2: 1.1286 High Jul 11
*RES 1: 1.1249/50 Intraday high / High Aug 6
*PRICE: 1.1234 @ 05:48 GMT Mar 6
*SUP 1: 1.1095 Low Mar 3 and key near-term support
*SUP 2: 1.1006 20-day EMA
*SUP 3: 1.1003 Low Mar 2
*SUP 4: 1.0951 Low Feb 28
EURUSD maintains a clear bullish posture. Price rallied again yesterday
resulting in a breach of resistance at 1.1239, the Dec 31 high. Gains yesterday
also confirmed an extension of this week's climb following the break on Feb 28
of trendline resistance drawn off the Dec 31 high. The move above 1.1239 paves
the way for a move towards 1.1250 and 1.1286, the Aug 6 and Jul 11 highs
respectively. On the downside, firm support lies at 1.1095, Mar 3 low.
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.