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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 POLITICAL RISK - Trump Announces Raft Of Key Nominations
BRIEF: EU-Mercosur Deal In Final Negotiations - EC
MNI BRIEF: Limited Economic Impact Of French Crisis - EC
MNI US MARKETS ANALYSIS - Ouster of Barnier Leaves Little Dent
Pullback Continues,.............>
EURO-STERLING TECHS: Pullback Continues, Stg0.8873-Stg0.8866 Next Support
*RES 4: Stg0.8968/75 Mar 7 high, 3 month bull channel, 1% vol
*RES 3: Stg0.8958 Jul 20 high
*RES 2: Stg0.8936 Jul 23 high
*RES 1: Stg0.8911/19 Jul 23, Jul 20 lows, now resistance
*PRICE: Stg0.8880 @1538GMT
*SUP 1: Stg0.8866/73 Jul 13 high, Jul 17 low
*SUP 2: Stg0.8850 Congestion area Jun 28-Jul 17
*SUP 3: Stg0.8816 Jul 16 low
*SUP 4: Stg0.8797 1% volatility band
*COMMENTARY* Last week's break above the 9 month bear channel top at Stg0.8908
has seen a rally towards next key resistance from the Stg0.8968-Stg0.8975
region. This the Mar 7 high, the current level of the 3 month bull channel top
projection and the upper 1% volatility band. Failure to break here has seen a
pullback through Stg0.8999-Stg0.8890 support. Loss cautions and opens up deeper
corrective potential, with Stg0.8873-Stg0.8850 then in the frame.
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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.