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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI China Daily Summary: Tuesday, November 26
MNI BRiEF: Riksbank Puts Neutral Rate In 1.5 To 3.0% Range
Recovery Intact But Lacks.........>
EUROSTOXX50 TECHS: Recovery Intact But Lacks Conviction
*RES 4: 3514.78 High August 7
*RES 3: 3486.31 High August 10
*RES 2: 3462.81 High August 28
*RES 1: 3349.14 Low August 15, now resistance
*PREVIOUS CLOSE: 3344.63
*SUP 1: 3261.86 Low March 26
*SUP 2: 3214.31 Low February 8 2017
*SUP 3: 3175.00 Bear channel bottom
*SUP 4: 2984.48 Low December 2 2016
Despite clocking up five consecutive up days last week, keeping the recovery
from the Sep 7 low intact, the rally lacks conviction having so far failed to
recover the Aug 15 lows at 3349.14. A close above here is needed to challenge
the Aug 28 high at 3462.81 and open up down trendline resistance. Below here,
the broader trend remains bearish with the March 26 low of 3261.86 remaining in
focus.
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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.