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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 Commodity Weekly: Oil Markets Assess Trump Impact
MNI Gas Weekly: Winter Weather Takes the Driver's Seat
Pressure Returns To 2018 High......>
DOLLAR-IDR TECHS: Pressure Returns To 2018 High
*RES 4: Idr14730 - 2015 High Sept 29
*RES 3: Idr14620 - Low Oct 1 2015 now resistance
*RES 2: Idr14480 - Low Oct 5 2015 now resistance
*RES 1: Idr14410 - 2018 High June 29
*PRICE: Idr14375 @ 2300GMT
*SUP 1: Idr14250 - Low July 2
*SUP 2: Idr14190 - Low June 28
*SUP 3: Idr14110 - Alternating daily support/resistance
*SUP 4: Idr14053 - Low June 22
*COMMENTARY: Fresh 2018 & nearly 3 yr highs lacked follow through Friday which
is less than ideal given daily studies looking to correct from very O/B levels
and daily momentum divergence. Bears now need a close below Idr14250 to ease
bullish pressure and below Idr14190 to shift focus back to Idr13970-14053 where
21 & 55-DMAs are located. Bulls currently focus on Idr14480-620 while Idr14190
supports.
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.