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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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Free AccessMNI Gilt Week Ahead
MNI POLITICAL RISK - Trump Rounds Out Cabinet Nominations
ICE BRENT: (M18) Below $72.26 To Ease.....>
OIL TECHS: ICE BRENT: (M18) Below $72.26 To Ease Bullish Pressure
*RES 4: $81.61 - High Nov 21 2014 (Cont)
*RES 3: $77.30 - Low Nov 26 2014 (Cont) now resistance
*RES 2: $74.97 - Weekly Bull channel top
*RES 1: $73.96 - 2018 High Apr 19
*PRICE: $73.88 @ 0430GMT
*SUP 1: $73.41 - Hourly resistance Apr 18 now support
*SUP 2: $72.26 - Hourly resistance Apr 18a now support
*SUP 3: $70.83 - Low Apr 17
*SUP 4: $70.40 - High Mar 26 now support
*COMMENTARY: Topside hesitation came to an end with an aggressive rally and
bullish close with 2018 & 3+yr highs seeing immediate bullish focus on the
weekly bull channel top. Bulls then look for a close above $77.30 to shift focus
to $81.61. Bears now need a close below $72.26 to ease bullish pressure and
below the 21-DMA ($70.01) to confirm a break of $70.40 and shift focus back to
$66.20-68.80.
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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.