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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 Daily Summary: Tuesday, November 26
MNI BRiEF: Riksbank Puts Neutral Rate In 1.5 To 3.0% Range
MNI: Japan Govt Keeps Economic Assessment, Ups Imports
(M18) 159.69 Break Opens Opportunity.....>
BUND TECHS: (M18) 159.69 Break Opens Opportunity For 160.00 Next
*RES 4: 160.89 61.8% Fibo of 163.78-156.22
*RES 3: 160.24/27 Sep 28 low, 1% volatility band
*RES 2: 160.00 50% Fibo of 163.78-156.22
*RES 1: 159.84 Intraday high
*PRICE: 159.74 @1522GMT
*SUP 1: 159.40/50 Hourly support
*SUP 2: 159.00 Hourly congestion May 21-22
*SUP 3: 158.74 May 22 low
*SUP 4: 158.50 May 16 high, now support
*COMMENTARY* A brief new high of 159.50 on Monday, before once again giving back
some ground. This saw initial support from around 158.80 given a test, a low of
158.74 on Tuesday. The subsequent bounce has today broken clear of
159.35-159.69. Higher and 160.00, the 50% Fibo retrace and swing target of the
recent 159.50-158.74 rise, then comes into play. In the meantime, 159.50-159.40
reverts to support but it is currently 159.00 that provides the stronger level.
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.