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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 BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
(H18) Bears Need Close Below 111.840...>
SCHATZ TECHS: (H18) Bears Need Close Below 111.840
*RES 4: 111.985 High Jan 11
*RES 3: 111.950 High Jan 23
*RES 2: 111.920 High Feb 6
*RES 1: 111.890 Hourly resistance Feb 6
*PREVIOUS CLOSE: 111.860
*SUP 1: 111.840 Low Feb 5
*SUP 2: 111.785 Hourly support Jan 29
*SUP 3: 111.765 2018 Low Jan 29
*SUP 4: 111.750 Monthly Low May 3 2016
*COMMENTARY: The 111.950 resistance confirmed significance with the recovery
from 2018 lows capped ahead of this level and the contract again looking a
little heavy. Bears continue to look for a close below 111.840 to return initial
focus to 2018 lows. Correcting O/S studies remain a concern for bears. In saying
that, bulls still need a close above 111.950 to shift initial focus to
111.985-112.037 where 55 & 100-DMAs are located.
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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.