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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 China Daily Summary: Friday, November 29
MNI US OPEN - Le Pen Sets Deadline for Further Concessions
Finds Support From The Swing....>
EURO-STERLING TECHS: Finds Support From The Swing Target At Stg0.8756
*RES 4: Stg0.8900 Hourly low Nov 28, now resistance
*RES 3: Stg0.8880 Hourly recovery high Nov 28
*RES 2: Stg0.8855/61 Hourly resistance, recovery high Nov 29
*RES 1: Stg0.8845/47 Dec 1 high, Nov 28 low
*PRICE: Stg0.8801 @1646GMT
*SUP 1: Stg0.8770/75 Hourly support
*SUP 2: Stg0.8756 1.618 swing of Stg0.8842-Stg0.8981
*SUP 3: Stg0.8745 Equality from 0.8880 to 0.8982-0.0.8847
*SUP 4: Stg0.8733 Nov 1 low
*COMMENTARY* Continued lower again today finding a base at the swing target at
Stg0.8756, this now in the midst of some congested support levels from between
Stg0.8776 and Stg0.8733, the Nov 1 low. The resultant rally aided by some near
term oversold conditions, still sees resistance from Stg0.8847-Stg0.8861 as
barring the way to any better correction of losses from last Tuesday's Stg0.8982
peak, with Stg0.8880 then the brake to a Stg0.8900-Stg0.8933 rise.
To read the full story
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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.