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Why MNI
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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 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
Bulls Eye 1.1239 Resistance *RES 4:.....>
EURO-DOLLAR: Bulls Eye 1.1239 Resistance
*RES 4: 1.1286 High Jul 11
*RES 3: 1.1250 High Aug 6
*RES 2: 1.1239 High Dec 31 and key resistance
*RES 1: 1.1212 High Mar 3
*PRICE: 1.1135 @ 05:34 GMT Mar 5
*SUP 1: 1.1095 Low Mar 3
*SUP 2: 1.1003 Low Mar 2 and key near-term support
*SUP 3: 1.0981 20-day EMA
*SUP 4: 1.0951 Low Feb 28
EURUSD, consolidates for now. The outlook remains bullish though following
Tuesday's 1.1212 high and the pair remains within its current impulsive rally.
Price recently cleared a trendline resistance drawn off the Dec 31 high
reinforcing the current positive theme. The Dec 31 high at 1.1239 is now within
reach. A break would pave the way for a climb towards 1.1250 and 1.1286, the Aug
6 and Jul 11 highs respectively. On the downside, firm support lies at 1.1003.
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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.