Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
CABLE TECHS: Remains Volatile
*RES 4: 1.2582 High Sep 20 / High Jul 15 and bull trigger
*RES 3: 1.2503 High Sep 24
*RES 2: 1.2434 100-day MA
*RES 1: 1.2413 Intraday High
*PRICE: 1.2398 @ 15:40 GMT Oct 3
*SUP 1: 1.2207 Low Oct1
*SUP 2: 1.2197 61.8% Sep 3 - Sep 20 rise
*SUP 3: 1.2106 76.4% Sep 3 - Sep 20 rise
*SUP 4: 1.2079 Low Sep 4
The pair remains highly volatile and recovered further Thursday to narrow the
gap with the 100-dma at 1.2434 which becomes first resistance. The pair appears
to have built upon the hold above Tuesday's low and more importantly 1.2197, to
look more constructive. 1.2197 marks the 61.8% retracement of Sep 3 - Sep 20
rise and is an important pivot point. A clear break of the 50-dma and 1.2197
however would a bearish development.