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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 BRiEF: Riksbank Puts Neutral Rate In 1.5 To 3.0% Range
MNI: Japan Govt Keeps Economic Assessment, Ups Imports
Rally Falters Ahead Of $1.1966....>
EURO-DOLLAR TECHS: Rally Falters Ahead Of $1.1966 Fibo Resistance
*RES 4: $1.2034 Sep 20 high
*RES 3: $1.2020 Equality rise from $1.1713 to $1.1554-$1.1861
*RES 2: $1.1961/66 Nov 27 high, 76.4% Fibo of $1.2093-$1.1554
*RES 1: $1.1920/30 Hourly resistance
*PRICE: $1.1877 @1640GMT
*SUP 1: $1.1861 Nov 15 high, now support
*SUP 2: $1.1837 Nov 24 low
*SUP 3: $1.1809 Nov 20 high, now support
*SUP 4: $1.1773 Initial recovery high Nov 22, now support
*COMMENTARY* Having moved through the swing target at $1.1952, Monday's rally
was unable to deal with Fibo resistance at $1.1966. A high of $1.1961 seen
before retreating on the back of some overbought hourly conditions. Now looking
to support from between $1.1861-$1.1837 to stem the fall, if a renewed upside
challenge is to be seen at this juncture. Loss of $1.1837 would allow a deeper
$1.1809-$1.1773 fall.
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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.