Free Trial

5/10-year BTPs / CCTeu


Australian Coal Uncompetitive - chart


Paring Post-FOMC Gains



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
WTI TECHS: (Q20) Key Resistance Still Intact
*RES 4: $44.22 - Low Mar 2
*RES 3: $42.17 - Low Mar 6 and the gap low on the daily chart
*RES 2: $41.63 - High Jun 23 and key resistance
*RES 1: $41.26 - High Jul 16
*PRICE: $40.83 @ 06:41 BST Jul 16
*SUP 1: $38.54 - Low Jul 10
*SUP 2: $37.41/08 - 50-day EMA / Low Jun 25 and the initial bear trigger
*SUP 3: $34.66- Low Jun 15 and key support
*SUP 4: $32.76 - Low May 29
WTI futures traded higher yesterday however the contract continues to trade
below key resistance at $41.63, Jun 23 high. We have recently highlighted the
existence of a bearish threat following the pullback off $41.63 between Jun 23 -
25. This represented a failure to extend gains beyond $40.69, Jun 8 high. A turn
lower would open $37.08, Jun 25 low and the next key bear trigger. Clearance of
$41.63 would instead resume the uptrend.

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.