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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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Free AccessClose Below 100-DMA Could Spell.........>
CABLE TECHS: Close Below 100-DMA
Could Spell Trouble Cable managed to close above the 100-dma Friday, shifting
the focus to the upside and the Sep 20 high at 1.3298 in the medium-term.
However, Monday's already dented the argument for a bullish recovery with the
100-dma failing to support early doors. Bears need a break of cloud base support
at 1.2910 to change the short-term outlook, turning focus toward the Sep 5 low
at 1.2786 and ytd low at 1.2662.
To read the full story
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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.