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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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Free AccessMNI ASIA MARKETS ANALYSIS: Treasuries Surge On Bessent And Oil
MNI ASIA OPEN: Israel-Hezbollah Ceasefire Cautiously Reached
Rally Opens Higher..............>
EURO-STERLING TECHS: Rally Opens Higher Stg0.8805-Stg0.8816 Corrective Potential
*RES 4: Stg0.8833/38 Jan 30, 18 highs, 61.8% 0.8930-0.8687
*RES 3: Stg0.8816 Jan 29, Jan 31 highs
*RES 2: Stg0.8805 76.4% Fibo of Stg0.8833-Stg0.8716
*RES 1: Stg0.8799 Intraday high
*PRICE: Stg0.8794 @1520GMT
*SUP 1: Stg0.8757/67 Intraday low, hourly support
*SUP 2: Stg0.8738 Jan 31 low
*SUP 3: Stg0.8716 Feb 1 low
*SUP 4: Stg0.8687/89 Jan 25, Dec 8 lows
*COMMENTARY* The recovery to Stg0.8833 earlier in the week, fell short of higher
resistance from Stg0.8838. The latter the Jan 18 high and a 61.8% Fibo retrace
of the previous Stg0.8930-Stg0.8687 fall. The subsequent fall was relatively
swift resulting in a challenge and slight break of pivotal 76.4% Fibo retrace at
Stg0.8721. Unable to sustain this as yet, the break back above Stg0.8760-65
resistance is encouraging, Stg0.8805-Stg0.8816 now resistance.
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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.