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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI BRIEF: Japan Q3 GDP To Be Slightly Revised Down
NYMEX HO: (Q18) Bull Channel Base.........>
OIL TECHS: NYMEX HO: (Q18) Bull Channel Base Supporting
*RES 4: $2.1525 - 55-DMA
*RES 3: $2.1463 - Low June 13 now resistance
*RES 2: $2.1391 - High June 20
*RES 1: $2.1096 - Hourly support June 22 now resistance
*PRICE: $2.0981 @ 0430GMT
*SUP 1: $2.0808 - Daily Bull channel base off Feb low
*SUP 2: $2.0689 - Low June 18
*SUP 3: $2.0543 - 100-DMA
*SUP 4: $2.0312 - Low Apr 11
*COMMENTARY: The failure ahead of the 55-DMA keeps bearish hopes alive and sees
focus back on $2.0312-0808 where the 100-DMA & bull channel base off Feb lows
are located. Bears now need a close below $2.0312 to confirm a break of the
100-DMA and focus on $1.9428-1.9920. Bulls now need a close above the 55-DMA to
ease bearish pressure and above $2.1913 to shift focus back to $2.2421-2960.
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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.