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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 EUROPEAN MARKETS ANALYSIS: China Equities Lower Post CEWC
MNI EUROPEAN OPEN: Sharp Fall In China Bond Yields Continues
MNI BRIEF: RBA Details Hypothetical Monetary Policy Paths
Stg0.8876-Stg0.8769 Support.....>
EURO-STERLING TECHS: Stg0.8876-Stg0.8769 Support Holds Under Pressure
*RES 4: Stg0.8920/26 Feb 14, Jan 12 highs
*RES 3: Stg0.8890 Feb 16 high
*RES 2: Stg0.8864 Feb 22 high
*RES 1: Stg0.8835/42 Feb 26 high, 76.4% of 0.8864-0.8772
*PRICE: Stg0.8833 @0935GMT
*SUP 1: Stg0.8785 Hourly support
*SUP 2: Stg0.8772/76 Feb 26 low, 76.4% of Stg0.8732-Stg0.8920
*SUP 3: Stg0.8769 1.618 swing of Stg0.8805-Stg0.8864
*SUP 4: Stg0.8750 1% volatility band
*COMMENTARY* Continued to lose ground last week, following the failure to deal
with range top resistance at Stg0.8926 earlier in the month. The first of two
dual Fibo support levels at Stg0.8805 gave way on Friday, leaving the second
dual support from Stg0.8776 to protect ahead of the swing target and 1%
volatility band between Stg0.8769-Stg0.8750. Meanwhile, Stg0.8835-Stg0.8842
becomes resistance, above would allow some Stg0.8864-Stg0.8890 respite.
To read the full story
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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.