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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: China CFETS Yuan Index Up 0.01% In Week of Nov 22
MNI: PBOC Net Injects CNY76.7 Bln via OMO Monday
(M0) Looking For Gains *RES 4: 140.00....>
GILT TECHS: (M0) Looking For Gains
*RES 4: 140.00 Psychological round number
*RES 3: 139.84 High Mar 9 and the contract high
*RES 2: 138.46 High Mar 9 and gap high on the daily chart
*RES 1: 138.17/22 High May 5 / High Mar 10 and gap low on the daily chart
*PRICE: 137.57 @ Close May 12
*SUP 1: 136.95 Low Apr 30
*SUP 2: 136.74 Low Apr 27 and key support
*SUP 3: 136.29/135.93 50-day EMA / Low Apr 23
*SUP 4: 135.53 Low Apr 7
Gilts traded lower yesterday but rebounded off the 137.04 day low. The outlook
remains positive. The recent break of resistance at 137.45, Apr 24 high
confirmed a resumption of the uptrend in place since Mar 19. The move higher
paves the way for gains towards 138.22, Mar 10 high and 138.46, Mar 9 low. A
print of the latter would fill a gap on the chart. Further out, attention is on
the contract high of 138.89, Mar 9 high. Firm support is seen at 136.74.
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.