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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
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Data
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MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
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About Us
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Free AccessFocus Is On The 50-Day EMA
- RES 4: 1.2414 High Apr 17, 2018
- RES 3: 1.2349/53 High Jan 6 / High Apr 20, 2018
- RES 2: 1.2266/85 High May 25 and the bull trigger / High Jan 8
- RES 1: 1.2214 High Jun 3
- PRICE: 1.2199 @ 16:57 BST Jun 7
- SUP 1: 1.2104/2099 Low Jun 4 / 50-day EMA
- SUP 2: 1.2052 Low May 13 and key short-term support
- SUP 3: 1.1986 Low May 5
- SUP 4: 1.1919 61.8% retracement of the Mar 31 - May 25 rally
EURUSD is trading above last week's low of 1.2104. The pair remains vulnerable though following a sharp pullback Jun 3 that saw price trade below initial support at 1.2133, May 28 low. Recent price action has also highlighted a short-term top at 1.2265, May 25 high and this signals scope for a deeper corrective pullback. The focus is on the 50-day EMA at 1.2099 that also represents a key area of support.
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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.