Free Trial

Review 10Y Auction:


Bear Flag Formation Reinforces Downtrend


Japan And EU To Deepen Exchanges On China


10Y WI

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
SILVER TECHS: Bulls Need Close Above 21-DMA
*RES 4: $17.305 - Hourly support Oct 17 now resistance 
*RES 3: $17.161 - 200-DMA 
*RES 2: $17.075 - Hourly resistance Oct 24 
*RES 1: $16.937 - High Oct 30
*PRICE: $16.836 @ 0430GMT
*SUP 1: $16.683 - Low Oct 30
*SUP 2: $16.583 - Low Oct 27
*SUP 3: $16.518 - Bollinger band base
*SUP 4: $16.328 - Low Oct 6
*COMMENTARY: The lack of follow through on Friday's low is less than ideal for
bears who are currently focused on tests of $16.125-328 where Oct lows so far
are found. Bears need a close below $16.125 to shift focus back to 2017 lows
($14.86). Bulls now look for a close above the 21-DMA to ease immediate bearish
pressure and above $17.305 to hint at a move back to $18.208 Sept highs.

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.