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Why MNI
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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 EUROPEAN OPEN: Sharp Fall In China Bond Yields Continues
MNI BRIEF: RBA Details Hypothetical Monetary Policy Paths
Respects the range: *RES 3:.......>
EURO-DOLLAR TECHS: Respects the range:
*RES 3: 1.1286/88 High Jul 11 and Jul 5
*RES 2: 1.1242/46 100-dma / cloud top
*RES 1: 1.1193 Low Jul 9
*PRICE: 1.1143 @ 15:59 GMT July 29
*SUP 1: 1.1102 Low Jul 25
*SUP 2: 1.1076 Low May 18 2017
*SUP 3: 1.1000 Psychological round number
Ranges contracted slightly for the pair Monday, providing few fresh technical
signals. Markets remain well within range of the recent cycle lows at 1.1102,
keeping the overarching theme negative for now. The recent break of former key
supports at 1.1193 and 1.1181 are still weighing, and momentum studies are
bearish too. A break of support at 1.1102 would open 1.1076 , the May 18, 2017
low. On the upside, 1.1193 provides initial resistance ahead of the 1.1242/46
level.
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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.