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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI ASIA OPEN: Weak 30Y Reopen, ECB Forward Guidance Weighing
MNI ASIA MARKETS ANALYSIS: Tsys Reverse Early Data Driven Gain
MNI US Inflation Insight: Softer Housing Helps Ensure Dec Cut
Bulls Need Close Above Cnh6.2985...>
DOLLAR-CNH TECHS: Bulls Need Close Above Cnh6.2985
*RES 4: Cnh6.3773 - High Feb 8
*RES 3: Cnh6.3526 - High Mar 9
*RES 2: Cnh6.3321 - 55-DMA
*RES 1: Cnh6.2985 - Low Mar 15 now resistance
*PRICE: Cnh6.2802 @ 2300GMT
*SUP 1: Cnh6.2769 - High Mar 27 now support
*SUP 2: Cnh6.2547 - Low Mar 29
*SUP 3: Cnh6.2352 - 2018 Low Mar 27
*SUP 4: Cnh6.2293 - High Mar 13 2015 now support
*COMMENTARY: Recent hesitation ahead of the 55-DMA has taken its toll with an
aggressive sell-off Monday with fresh 2018 & 3 year lows seen again Tuesday.
Bears now focus on Cnh6.1850-2130 last seen in 2015. Layers of resistance have
been left behind with bulls now needing a close above Cnh6.2985 to ease bearish
pressure and above Cnh3.3526 to hint at a shift higher in focus.
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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.