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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 BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
(M18) Above 130.570 Targets..............>
BOBL TECHS: (M18) Above 130.570 Targets 130.980-131.060
*RES 4: 131.007 100-DMA
*RES 3: 130.739 Daily Bull channel top
*RES 2: 130.590 Bollinger band top
*RES 1: 130.570 High Mar 5
*PREVIOUS CLOSE: 130.510
*SUP 1: 130.380 Low Mar 13
*SUP 2: 130.210 Low Mar 9
*SUP 3: 130.016 Alternating hourly support/resistance
*SUP 4: 129.942 Daily Bull channel base of Feb low
*COMMENTARY: Bulls take comfort in the aggressive recovery from below the 21-DMA
(130.114) that sees focus on 130.570. Bulls continue to look for a close above
130.570 to shift focus to 130.980-131.060 where the 100-DMA is located. Bears
still need a close below 130.210 to ease bullish pressure and below 129.840 to
confirm a break of the bull channel base and focus on 129.360 Feb lows.
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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.