Trial now
CZECHIA

CNB Very Likely To Hike By 50bps This Week

FOREX

FX OPTION EXPIRY

POLAND

NBP Shifting Towards a November Hike?

MNI, NEWS
MNI: ICE BRENT: (X17) 21-DMA Support Key Today
*RES 4: $54.02 - Low May 23 now resistance 
*RES 3: $53.47 - Monthly High Aug 10 
*RES 2: $53.39 - 200-DMA 
*RES 1: $52.95 - Sept 1
*PRICE: $52.17 @ 0250GMT
*SUP 1: $51.70 - 21-DMA 
*SUP 2: $50.96 - Alternating hourly support/resistance 
*SUP 3: $50.49 - Low Aug 31 
*SUP 4: $50.18 - Bollinger band base
*COMMENTARY: The recovery from last week's low has stalled ahead of the 200-DMA
and the key $53.39-54.02 resistance region. Bulls continue to look for a close
above $54.02 to reconfirm the bullish bias, ending bearish hopes and shifting
immediate focus to May highs. Bears now need a close below the 21-DMA to shift
focus back to $49.81-50.49 where the 55-DMA is noted. Below $49.81 initially
targets $47.78-48.26.