MNI: US NOV FINAL MANUF PMI 49.7 (FLASH 48.8); OCT 48.5

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

MNI: UK NOV FINAL MANUF PMI 48.0 (FLASH 48.6); OCT 49.9

MNI NBP WATCH: Another Policy Hold, Dovish Communications Tilt

MNI: PBOC Net Drains CNY216 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Lower At 7.1865 Mon; -1.50% Y/Y

EZ/UK T-Bill Calendar: Spain, Belgium, ESM Auction on Tuesday

EZ/UK Bond Supply Calendar: UK, Germany Auction on Tuesday

MNI: US OCT CONSTRUCT SPENDING +0.4%

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

CZK Major Crosses Technical Analysis

CZECHIA
  • LT trend on CZKJPY continues to look firm. The pair has been supported by the 50D SMA a few times. Levels to watch on the downside stands at 4.95 (50D SMA), followed by 4.88 (100D SMA). On the topside, first resistance stands at 5.05.
  • GBPCZK has been receiving support at around 29.80 the last few days, which corresponds to the 38.2% Fibo retracement of the 2020/2021. Next support to watch on the downside stands at 29.68 (100D SMA). On the topside, first resistance stand at 30.16 (50D SMA), followed by 30.21 (50% retracment).
  • CZKPLN received strong support at its 100D SMA (0.1735) on Monday following a sharp consolidation in April amid PLN strength. Resistances to watch on the topside stand at 0.1770, followed by 0.1790 (March 29 high)
  • CZKHUF found support at the low of its LT upward trending channel on Monday and has been gradually approaching its ST resistance at 13.90 (50D SMA) these last two days; a break through that level would open the door for a move up to 14.0. On the downside, first support stands at 13.70.
  • EURCZK failed to break through its 100D SMA at 26.12 on Monday and has been consolidating lower in the past two days; next level to watch on the downside stands at 25.79. On the topside, second resistance to watch after 26.12 stands at 26.38 (200D SMA).
Foreign Exchange Technical AnalysisEM BulletBulletMarketsEmerging Market NewsForeign Exchange Bullets

To read the full story

Close

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.