-
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 Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
-
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 AccessCorrecting higher *RES 4:.........>
EUROSTOXX50 TECHS: Correcting higher
*RES 4: 3459.90 61.8% retracement of the Jul 25-Aug 15 low
*RES 3: 3424.68 Low Jun 27
*RES 2: 3412.38 50-day EMA
*RES 1: 3380.81 High Aug 13 and key resistance
*PRICE: 3369.19 @ Close Aug 19
*SUP 1: 3332.93 Low Aug 19
*SUP 2: 3286.54 Low Aug 16
*SUP 3: 3239.20 Low Aug 15
*SUP 4: 3175.71 Low Feb 15
EUROSTOXX50 rallied sharply higher yesterday and is now approaching key
near-term resistance at 3380.81, the Aug 13 high. Gains follow recent bullish
candlestick formations in the shape of a hammer last Thursday and bullish
engulfing on Friday that warned of a base and signalling the potential for a
correction higher. A break of 3380.31 would open 3412.38, the 50-day EMA next.
Initial support lies at 3232.93, yesterday's low.
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.