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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 BRIEF: Aussie Q3 GDP Prints At 0.3% Q/Q
MNI ASIA OPEN: Early Geopol Risk Roils, Focus Turns To Fed
(H19) Broader Bullish Trend Intact *RES...>
WTI TECHS: (H19) Broader Bullish Trend Intact
*RES 4: $76.76 - High Oct 17 (continuation chart)
*RES 3: $64.43 - Low Aug 16 (continuation chart)
*RES 2: $63.00 - 200-dma (continuation chart)
*RES 1: $57.96 - High Nov 16 (continuation chart)
*PRICE: $57.12 @ 06:02 GMT Feb 25
*SUP 1: $51.23 - Low Feb 11
*SUP 2: $50.38 - Low Jan 14
*SUP 3: $42.36 - Dec 24 low (continuation chart)
*SUP 4: $42.05 - June 21, 2017 (continuation chart)
WTI futures continue to consolidate their recent gains with the focus now on the
Nov 16 high at $57.96. Above here would build upside momentum opening the
200-dma which currently sits at $63.00. Bears target the Feb 11 low at $51.23,
below which returns the focus to the downside and opens the Jan 14 low at $53.05
ahead of the Dec 24 low down at $42.36.
To read the full story
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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.