Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
OIL TECHS: ICE BRENT: (M18) Bears Now Need Clos
*RES 4: $71.28 - 2018 High Jan 25 (Cont)
*RES 3: $69.97 - Monthly High Jan 25
*RES 2: $69.36 - High Feb 2
*RES 1: $67.55 - Bollinger band top
*PRICE: $67.28 @ 0430GMT
*SUP 1: $66.78 - Hourly support Mar 20
*SUP 2: $66.21 - 55-DMA
*SUP 3: $65.21 - Low Mar 19
*SUP 4: $64.50 - 100-DMA
*COMMENTARY: Pressure on the 55-DMA has taken its toll with an aggressive break
higher Tuesday what now sees focus on $69.36-71.28 where monthly and 2018 highs
are noted. The Bollinger top is the key concern for bulls with potential to
limit follow through. Bears now need a close below the 55-DMA to ease bullish
pressure. Below $65.21 is needed to hint at a move back to $61.21 with below
$63.92 to confirm.