Free Trial

Supported Ahead Of 55-DMA *........>

DOLLAR-PHP TECHS
DOLLAR-PHP TECHS: Supported Ahead Of 55-DMA
* Follow through has been lacking on recent 2018 & 12+yr highs which is less
than ideal for bulls. 
* The dip below Php53.147 has so far lacked follow through. 
* Bears continue to look for a close below Php52.771 to confirm traction below
the 55-DMA and daily bull channel base and shift initial focus to Php52.490-568
where the 100-DMA is found. 
* Bulls now look for a close above Php53.548 to reconfirm focus on retests of
2018 highs and above Php54.325 to confirm focus on the daily bull channel top
coming in around Php54.970 today.

To read the full story

Close

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.
}); window.REBELMOUSE_ACTIVE_TASKS_QUEUE.push(function(){ window.dataLayer.push({ 'event' : 'logedout', 'loggedOut' : 'loggedOut' }); });