- G10 Markets
- Fixed Income
- Foreign Exchange
- Emerging Markets
- MNI Research
- Global Macro
- Political Risk
- About Us
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
- G10 Markets
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
Real-time insight of oil & gas markets
Reporting on key macro data at the time of release.
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.Free Access
NYMEX RBOB (Q20): Key Resistance..........>
OIL TECHS: NYMEX RBOB (Q20): Key Resistance Remains Intact
*RES 4: $1.3744 - 2.618 projection of Mar 23 - Apr 9 rally from Apr 22 low
*RES 3: $1.3403 - 2.50 projection of Mar 23 - Apr 9 rally from Apr 22 low
*RES 2: $1.3253 - High Jun 23 and key resistance
*RES 1: $1.2974/3048 - High Jul 8 / High Jun 24
*PRICE: $1.2360 @ 10:34 BST Jul 10
*SUP 1: $1.1920 - Low Jul 1
*SUP 2: $1.1457/1128 - 50-day EMA / Low Jun 29
*SUP 3: $1.0916 - Low Jun 12 and the bear trigger
*SUP 4: $1.0582 - Low Jun 1
RBOB futures found resistance at Wednesday's 1.2794 high leaving key resistance
at $1.3253 Jun 23 high intact. The sharp pullback from this level, between Jun
23 - 29. marked a failure to extend gains beyond $1.2571, Jun 8 high. This
highlights a bearish risk and despite recent gains, attention is on $1.0916, Jun
12 low. A break would confirm a reversal. The initial bear trigger is at
$1.1128, Jun 29 low. Clearance of $1.3253 is required to resume the uptrend.
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
Why Subscribe to
MNI is the leading providerof 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.