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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 ASIA MARKETS OPEN: Tsy Curves Reverse Course Ahead Wed CPI
MNI ASIA MARKETS ANALYSIS:Waiting For Next Inflation Shoe Drop
Key Inter-Meeting Fed Speak – Dec 2024
US TREASURY AUCTION CALENDAR: Avg 3Y Sale
(H3) Downtrend Intact
- RES 4: 105.6943 50-day EMA
- RES 3: 105.425 High Feb 16
- RES 2: 105.402 20-day EMA
- RES 1: 105.090/195 High Feb 28 / 27
- PRICE: 104.940 @ 05:28 GMT Mar 1
- SUP 1: 104.850 Low Feb 28
- SUP 2: 104.842 2.50 proj of the Jan 18 - Feb 1 - Feb 2 price swing
- SUP 3: 104.620 Lower 3.0% Bollinger Band
- SUP 4: 104.585 3.00 proj of the Jan 18 - Feb 1 - Feb 2 price swing
Schatz futures remain in a clear downtrend and Tuesday’s extension lower and fresh YTD lows reinforces bearish conditions. The move maintains the bearish price sequence of lower lows and lower highs. The 105.000 handle has been breached and this paves the way for a move towards 104.842, a Fibonacci projection. On the upside, firm resistance is seen at 105.402, the 20-day EMA. Clearance of this resistance would signal a short-term reversal.
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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.