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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
(H1) Corrective Cycle Still In Play
- RES 4: 154.640 2.00 proj of Jan 22 - Feb 1 rally from the Feb 2 low
- RES 3: 154.00 Round number resistance
- RES 2: 153.82 High Feb 12 and the bull trigger
- RES 1: 152.89 High Dec 15
- PRICE: 152.26 @ Close Feb 16
- SUP 1: 151.63 Low Feb 16
- SUP 2: 151.50 50-day EMA
- SUP 3: 151.43 Low Jan 4
- SUP 4: 150.70 Low Feb 2
BTP futures remain bullish but have entered a corrective cycle. Last week saw the contract register successive all-time highs reinforcing underlying bullish conditions. For now though a top has been defined at 153.82, Feb 12 high. Attention is on the 50-day EMA that intersects at 151.50 and this area marks a firm support level. A break would signal scope for a deeper pullback. Initial resistance is seen at 152.89, Feb 15 high.
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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.