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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.
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Free AccessMNI ASIA OPEN: Weak 30Y Reopen, ECB Forward Guidance Weighing
MNI ASIA MARKETS ANALYSIS: Tsys Reverse Early Data Driven Gain
MNI US Inflation Insight: Softer Housing Helps Ensure Dec Cut
GILT TECHS: (U18) Key Downside Break.....>
GILT TECHS: GILT TECHS: (U18) Key Downside Break
*RES 4: 123.30 High July 30
*RES 3: 123.24 21-DMA
*RES 2: 122.99 Low July 26
*RES 1: 122.83 Hourly resistance
*PREVIOUS CLOSE: 122.66
*SUP 1: 122.58 55-DMA
*SUP 2: 122.40 Low July 30
*SUP 3: 122.28 Low June 21
*SUP 4: 121.93 100-DMA
Yesterday's impulsive down move was a big blow to the bulls, with price action
breaking cleanly below the ST uptrend. A move above hourly resistance at 122.83
will be needed for bulls to gain some breathing room, but a break above the July
26 low will be needed to mount a serious bullish case. On the downside, the
55-DMA is the next level 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.