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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 ASIA OPEN: Focus on November Jobs Ahead Fed Blackout
MNI ASIA MARKETS ANALYSIS: Consolidation Ahead Nov Jobs Report
Bulls Need Close Above $1.3314 *RES.....>
CABLE TECHS: Bulls Need Close Above $1.3314
*RES 4: $1.3414 Hourly support June 14 now resistance
*RES 3: $1.3350 Hourly resistance June 14
*RES 2: $1.3314 High June 22
*RES 1: $1.3255 Hourly resistance June 26
*PRICE: $1.3229 @ 0430GMT
*SUP 1: $1.3212 Hourly support June 26
*SUP 2: $1.3187 Low June 26
*SUP 3: $1.3099 2018 Low June 21
*SUP 4: $1.3072 100-WMA
*COMMENTARY: The recovery from 2018 lows has stalled at the 21-DMA and looks a
little offered once again. Bulls continue to look for a close above $1.3314 to
confirm breaks of the 21-DMA and bear channel top, shifting initial focus back
to $1.3446-1.3528. Bears focus on $1.2995-1.3072 while $1.3314 caps with bears
needing a close below $1.2995 to initially target $1.2770 Aug lows.
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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.