Free Trial

EURSEK has failed to clear trendline.......>

EURO-SEK
EURO-SEK: EURSEK has failed to clear trendline support-turned-resistance over
the last few sessions with the retracement extending to Sek10.6546. (See MNI
Analysis email - EURSEK Trendline Resistance - Aug 9 1448BST). The Jul 9 low
provides near-term support at Sek10.6386, a break opens the 100-dma & 38.2%
retracement of the Dec-May rally at Sek10.6082/10.5749.
- Swedish inflation data is due up at the bottom of the hour.  

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.