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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 US MARKETS ANALYSIS - French Politics Undermines EUR
MNI US OPEN - Trump Warns BRICS Over Moving Away From USD
Fed saves bulls, EURUSD...........>
EURO-DOLLAR TECHS: Fed saves bulls, EURUSD rallies:
*RES 4: 1.1390 High Mar 22
*RES 3: 1.1348 High Jun 7 and key resistance
*RES 2: 1.1346 2.0% Upper Bollinger Band
*RES 1: 1.1289 High Jun 14
*PRICE: 1.1270 @ 03:45 GMT June 20
*SUP 1: 1.1181 Low Jun 18
*SUP 2: 1.1152 Low Jun 3
*SUP 3: 1.1116 Low May 30
*SUP 4: 1.1107 Low May 23 and key support
EURUSD has rallied in Asia. The upside follow through on the back of the dovish
Fed rate developments highlights a strong bullish short-term technical outlook.
Scope is for a move the psychological 1.1300 handle and the highs seen in early
June layered from 1.1348. On the downside, a revisit of 1.1200 would negate the
most recent bullish developments and refocus attention on support at 1.1152.
Clearance of 1.1152 would again open 1.1116 and 1.1100.
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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.