Free Trial

(H18) 100.300-305 Support Region......>

EURIBOR TECHS
EURIBOR TECHS: (H18) 100.300-305 Support Region Key
*RES 4: 100.360 - High Oct 6 
*RES 3: 100.330 - High Oct 19 
*RES 2: 100.325 - 2017 High Sept 5-8 
*RES 1: 100.320 - Repeated Daily highs
*PREVIOUS CLOSE: 100.320
*SUP 1: 100.315 - Repeated daily highs Sept & Oct now support
*SUP 2: 100.305 - Repeated Daily Lows Oct
*SUP 3: 100.300 - Alternating daily support/resistance
*SUP 4: 100.297 - 100-DMA
*COMMENTARY: Support at 100.305 provided the base for a break of 100.315 with
bulls focused on 100.320-325 where 2017 highs are situated. Overall a close
above 100.330 is needed to target 100.360. Bears still need a close below
100.305 to confirm an easing of bullish pressure and below 100.300 to initially
pressure the 100-DMA (100.297) and daily bull channel base (100.295).

To read the full story

Close

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.