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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 ASIA OPEN: Weak 30Y Reopen, ECB Forward Guidance Weighing
MNI ASIA MARKETS ANALYSIS: Tsys Reverse Early Data Driven Gain
MNI US Inflation Insight: Softer Housing Helps Ensure Dec Cut
ICE GASOIL: (F18) Bears Need Close........>
OIL TECHS: ICE GASOIL: (F18) Bears Need Close Below Bull Channel Base
*RES 4: $574.92 - Bollinger band top
*RES 3: $572.00 - High Nov 8
*RES 2: $571.00 - High Nov 27
*RES 1: $562.75 - Hourly support Nov 29 now resistance
*PRICE: $560.25 @ 0430GMT
*SUP 1: $558.50 - Hourly resistance Nov 29 now support
*SUP 2: $551.25 - Low Nov 15
*SUP 3: $549.84 - Daily Bull channel base
*SUP 4: $547.03 - Bollinger band base
*COMMENTARY: Follow through has been a little lacking following Wednesday's
sell-off with the contract flirting with the 21-DMA ($560.99) once more. Bears
now look for a close below the bull channel base of Aug lows to confirm a shift
in immediate focus to $536.78-538.00 where the bull channel base off June 26
lows and the 55-DMA are located. Bulls remain focused on $571.00-572.00 while
the ST channel base supports.
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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.