DALY SEES 'NO URGENCY TO ADJUST THE POLICY RATE'

MNI BRIEF: Fed’s Collins Sees Rate Cuts Later Than Had Thought

MNI BRIEF: China March M2 Slows More Than Expected

MNI BRIEF: China Tightens Stock Market Supervision

MNI BRIEF: China Mar Exports Jump On Demand; Imports Improve

MNI: PBOC Sets Yuan Parity Lower At 7.0967 Fri; -4.87% Y/Y

MNI: BAKER HUGHES US RIG COUNT 617; OIL RIGS 506; GAS RIGS 109

March Home Sales Jumped At End Of Month

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Rally Accelerates But Falters.....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Rally Accelerates But Falters Below $1.1880-$1.1887 
*RES 4: $1.1927 Underside previously broken support line
*RES 3: $1.1880/87 Oct 12 high, 61.8% of $1.2093-$1.1554
*RES 2: $1.1861 Nov 15 high
*RES 1: $1.1835/45 Hourly resistance
*PRICE: $1.1780 @0535GMT 
*SUP 1: $1.1769 Hourly low Nov 15
*SUP 2: $1.1745 Hourly base Nov 14
*SUP 3: $1.1700/05 Hourly highs/lows Nov 14
*SUP 4: $1.1678 Nov 10 high, now support
*COMMENTARY* The rally reached $1.1861 on Wednesday, pulling up shy of a retest
to the more important $1.1880-$1.1887 area. The upper 2% volatility band
currently resides at the slightly higher $1.1908 level. Has become stretched on
a near term basis and with the loss of $1.1785 there is scope for some
correction, $1.1745-$1.1700 the immediate interest below, last Friday's $1.1678
high of more significance lower.
Foreign Exchange Technical AnalysisMarketsForeign Exchange Bullets
Foreign Exchange Technical AnalysisMarketsForeign Exchange Bullets

To read the full story

Close

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.