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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.
EURUSD TECHS
- EURUSD has recovered from Friday’s low.
- Yesterday’s daily close highlights a 3-day Japanese candle reversal known as a morning star.
- This suggests scope for a stronger short-term corrective bounce.
- The next firm resistance is seen at 1.1293, the 20-day EMA.
- This is the first of 3 key short-term resistance points to watch:
- RES 1: 1.1293 20-day EMA
- RES 2: 1.1342 50-day EMA
- RES 3: 1.1366 Bear channel top drawn from the Jun 1 2021 high
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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