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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 AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
DOLLAR-INDEX TECHS: Focus Back On 89.373 *RES....>
US: DOLLAR-INDEX TECHS: Focus Back On 89.373
*RES 4: 90.567 - High Feb 8
*RES 3: 90.177 - High Feb 13
*RES 2: 90.013 - Low Feb 8 now resistance
*RES 1: 89.846 - Hourly resistance Feb 13
*PRICE: 89.730 @ 2030GMT
*SUP 1: 89.609 - Low Feb 13
*SUP 2: 89.373 - Low Feb 6
*SUP 3: 88.925 - Hourly resistance Feb 1 now support
*SUP 4: 88.438 - 2018 Low Jan 25
*COMMENTARY: The index is looking a little heavy having failed to break above
last week's highs with immediate focus having returned to the 89.373 support.
Bears now need a close below this level to reconfirm immediate focus on 2018
lows and then the weekly bear channel base (87.202). Bulls now need a close
above 90.177 to gain breathing room and above 90.567 to hint at a move to
91.526-751. Correcting daily studies add weight to the bearish case.
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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.