-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI PodcastsFixed IncomeFI Markets AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
-
Credit
Credit
Real time insight of credit markets
-
Data
-
Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
Global MacroDM Central Bank PreviewsDM Central Bank ReviewsEM Central Bank PreviewsEM Central Bank ReviewsBalance Sheet AnalysisData AnalysisEurozone DataUK DataUS DataAPAC DataInflation InsightEmployment InsightGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance Calendars EZ/UK Bond Auction Calendar EZ/UK T-bill Auction Calendar US Treasury Auction Calendar Chart Packs -
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
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 AccessCEEMEA FX Price Signal Summary: EURHUF Trend Condition Remains Bullish
- The short-term outlook in remains bullish and the latest pullback is considered corrective. Last week’s gains confirmed a resumption of the uptrend following the break of resistance at 404.76, the Jun 27 high. The move higher also confirms an extension of the bullish price sequence of higher highs and higher lows and sets the scene for a climb towards 420.00 and 426.68, the 1.236 projection of the Jan 13 - Mar 7 - 30 price swing. On the downside, key trend support has been defined at 393.25, the Jun 29 low. The 20-day EMA, at 400.04, marks an initial support.
- EURPLN maintains a bullish theme following last week’s extension of the current bull cycle. The climb has resulted in a clear break of; 4.7446, the Jun 16 high and 4.7279, the Apr 26 high. This signals scope for an extension towards 4.8331, the 61.8% retracement of the Mar 7 - May 30 bear leg. Key support has been defined at 4.6262, the Jun 21 low. The 20-day EMA, at 4.7047, marks the initial support.
- USDZAR maintains a bullish tone and is climbing once again. Major resistance at 16.3668, the Nov 26 2021 high, has recently been cleared. The break confirms a resumption of a broader uptrend that started in June 2021. This sets the scene for an extension higher towards 17.0823, 61.8% of 2020 - 2021 bear cycle and 17.1251 next, the 1.382 projection of the recent Jun 9 - 13 - 15 price swing. Initial firm support is at 16.2512 the 20-day EMA.
- USDTRY trend conditions remain bullish and the pair continues to appreciate. Price is approaching the bull trigger at 17.4446, the Jun 22 high. A breach of this hurdle would confirm a resumption of the primary uptrend and open the 18.00 handle. Key support is unchanged at 16.0956, the Jun 27 low. The 20-day EMA, at 16.9485, marks initial support.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.