Free Trial

Resumes Its Uptrend

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
EURIBOR TECHS: (H18) Above 100.305 Targets 100.330-360
*RES 4: 100.360 - High Oct 6 
*RES 3: 100.330 - High Oct 19 
*RES 2: 100.307 - Bollinger band top 
*RES 1: 100.305 - 2017 High June 14 & 22
*SUP 1: 100.285 - Repeated daily lows July & Aug
*SUP 2: 100.281 - 55-DMA, Daily Bull channel base
*SUP 3: 100.275 - Alternating daily support/resistance
*SUP 4: 100.268 - Bollinger band top
*COMMENTARY: The support at 100.285 has now provided the base for a rally and
bullish close pressuring 2017 highs. Bulls continue to look for a close above
100.305 to reconfirm the bullish bias and initially target 100.330-360 last seen
in Oct. Layers of support remain 100.275-285 with bears needing a close below
100.275 to confirm an easing of bullish pressure and break of DMAs & the bull
channel base with focus shifting to the 100-DMA (100.260).

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.